Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Arma For Food Industry invests EGP 150m to develop production line, train labour

Group targets exporting 25% of production by 2021: Aboul Hamd

Aisha Zidane

Eni agrees with Petroleum Ministry on $2.6 for gas produced from Farameet well

Well’s production to be connected to Al-Obayed’s gas processing plant, owned by…

Mohamed Adel

Egypt’s growth to accelerate to 5.5% in FY 2019: Standard Chartered

Fiscal consolidation is progressing, targets are ambitious

Hossam Mounir

Sutherland partners with ITIDA to add 750 jobs, opens new site in Cairo

IDC forecasts combined IT, BPO, KPO export market to grow from $3.25bn…

Daily News Egypt

Environment ministry agrees with 4 banks to finance industrial pollution control projects

Project aims to reduce pollution in industrial sector, improve environmental conditions generally

Mohamed Farag

Egypt ranks 94th in 2018 Global Competitiveness Index

Covering 140 economies, GCI measures national competitiveness, institutions, policies, factors determining productivity…

Shaimaa Al-Aees

Egypt targets to eradicate poverty by 2030: CAPMAS

Proportion of households living below poverty line 27.8% of total population

Daily News Egypt

Russian-Egyptian political rapprochement to propel economic cooperation forward

Analysts positively view relations’ outlook, awaiting resumption of Russian flights

Hagar Omran