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

Schneider Electric’s Egypt operations reach €180m in 2018: energy vice president

Company constructing 40 MW solar power plants in Sharm El-Sheikh, Kamel says

Mohamed Farag

MBG intends to direct EGP 10bn investments to New Administrative Capital

Company aims to complete marketing of Pukka project’s first phase in 2018

Shaimaa Al-Aees

El Mostakbal negotiates with pioneering companies to develop 1,000 feddans in Mostakbal City

EGP 3.5bn total contract for first, third phases of Mostakbal City, says…

Shaimaa Al-Aees

Brickzey exclusively markets Arabiano project for Arabia Holding 

Company's target sales of reach EGP 6bn by end-2018, says CEO

Shaimaa Al-Aees

City Edge Developments targets EGP 1bn in sales this year in Etapa Project

Company plans to launch a new project in the North Coast this…

Shaimaa Al-Aees

BMW faces lawsuit in US over alleged emissions cheating

German premium carmaker BMW is forced to deal with a class-action lawsuit…

Deutsche Welle

EGEMAC consortium to set up Naga Hammadi transformer station for EGP 721m

Cost self-financed, project to be completed within 12 months, says Abdel Rahim

Mohamed Farag

Visa appoints Marcello Baricordi as general manager for MENA

Visa announced, in a Monday press statement, the appointment of Marcello Baricordi…

Daily News Egypt

16% decline in EGF Hermes’ profit in 2017

Egyptian Financial Group Hermes Holding (EFG Hermes) announced in a press statement…

Daily News Egypt

CBE to review interest rates on Thursday

Market uncertainty over expected MPC decision, as inflation eases, interest on dollar…

Hossam Mounir