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

German funds for Assiut’s new bridges worth €311m: ambassador

German Ambassador to Egypt Julius Georg Luy said that his country's funds…

Hagar Omran

$1.2bn IFC investments in Egypt in FY 2018

IFC said finance is helping to create jobs, improve local infrastructure, boost…

Shaimaa Al-Aees

First sukok conference in Egypt to be launched on 23 October

Regional financial institutions, international banks discuss opportunities for providing funding for institutions…

Daily News Egypt

Competition Authority studying complaint filed from Careem, Ousta against Uber

The Egyptian Competition Authority announced on Wednesday that it is currently studying…

Daily News Egypt

Shuaa to start reading 10m electricity metres next month

Experiment worked, to be implemented in two sectors in each distribution company:…

Mohamed Farag

$3.84bn trade balance deficit in May: CAPMAS

Exports register $2.48bn, imports $6.32bn

Hossam Mounir

Business houses optimistic about investment, trade opportunities in Egypt: New Indian ambassador

Development partnership with Africa includes implementation of 180 Credit Lines

Hagar Omran

Negotiations to approve $2bn for Egypt going satisfactorily: WB executive board member

Egyptian authorities didn't request additional budget support funds, says El-Etreby

Hagar Omran

Trade exchange between Egypt, world amount to $65.625bn in 9 months: CBE

Imports at $46.814bn, exports at $18.81bn between July 2017 to March 2018

Hossam Mounir

$300m to set up two pipelines to transport gas from Nawras: El-Gamil

700m cubic feet to be transported, implementation completed by end-2018

Mohamed Farag