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

Nissan launches first low-cost electric car in China

Nissan's Sylphy Zero Emission electric car has started rolling off the production…

Deutsche Welle

Sarwa Capital closes EGP 1.75bn securitisation bonds issuance

Sarwa Capital announced that Sarwa Securitisation has closed an EGP 1.75bn issue…

Daily News Egypt

Gold recoils amid sell off but may rebound in next period: World Gold Council

Jewelry shop owner expects gold prices to increase by $50 to reach…

Nehal Samir

EGP 24.2bn increase in banks’ investments in securities in May 2018: CBE

Deposits up EGP 10.8bn, loans grew by EGP 32bn

Hossam Mounir

Egypt, South Korea sign agreement worth €243m for Cairo metro line 3

Agreement aims to manufacture, procure 32 air-conditioned trains 

Hagar Omran

16 new companies approved in national project of small solar cells

List includes Egyptian Solar Energy Systems Co., Evergreen, Infinity, Egypt Power

Mohamed Farag

Shell to connect 100m cbft of gas from 9B phase to production in October

110m cbft decline in gas production from Borollos and Rasheed fields: source

Mohamed Adel

Most banks in Egypt performed well in H1 2018

Financial statements of 10 banks reflect significant growth in profits by end…

Hossam Mounir

Developers urge government to announce comprehensive development plan for North Coast

Developers are waiting to turn the North Coast area into a permanent…

Shaimaa Al-Aees