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

Eitesal estimates 2018/2019 expenditure for Borg El Arab innovation cluster at EGP 14m

Eitesal Association CEO Mohamed Shadid estimated the future expenditure for managing and…

Daily News Egypt

Tahya Misr Fund launches hepatitis C virus clinic at Minya’s University Hospital

Fund’s clinic opens at hospital’s liver centre 

Daily News Egypt

Prices of train tickets to increase after advancement: transportation minister

Based on directives of President Abdel Fattah Al-Sisi, says Arafat

Daily News Egypt

Proceeds of first government IPO amount to EGP 20bn: Kouchouk

Finance Ministry to detain promotional plan, offering bonds in Asian countries

Ahmed Farahat

We annually invest about $17bn in region: WB’s vice president for Africa

African countries recommended to heavily invest in infrastructure, energy, ICT

Hagar Omran

Giza Spinning, Weaving aims to float 40% of capital in H2 November

Partial exit of major shareholders, capital increase to finance retail activities

Selim Hassan

Egyptians bought five tonnes of gold jewellery within three months: World Gold Council’s report

Iran, Turkey leading decline in jewellery demand in Middle East, states report

Nehal Samir

ABK-Egypt net profits register EGP 251m in H1 2018

Egyptian economy received wide international praise, reflected positively on banking market, says…

Hossam Mounir

Pharos concludes Mondi’s acquisition of 94.34% of Suez Bags’ required shares

Pharos Securities Brokerage announced the successful acquisition of 94.34% of the required…

Daily News Egypt

ACWA Power offers discounts to capture Kom Ombo solar station tender

Company offered lowest price per kilowatt hour in tender at 2.75 cents

Mohamed Farag