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

Government seeks to transform Egypt into regional energy hub benefiting from sector growth

The oil and gas sector has been a pillar to the Egyptian…

Ahmed Lamloum

Government appoints McKinsey & Company to promote investment in Egypt

Company will start work next month, government considering hiring another international company…

Mostafa Fahmy

Sharm El-Sheikh, Hurghada to witness RevPAR growth of 17%, 12% respectively: Colliers

Hotel occupancy in Sharm El-Sheikh and Hurghada continues to grow in light…

Nehal Samir

Negotiation with IMF is going smoothly, $2bn loan tranche to be disbursed soon: Moeit

New taxation draft law to be available for social discussion during next…

Hagar Omran

Increase in amount of gas exported to Jordan up to nearly 100m cf daily: Petroleum Ministry

Contract signed between Egypt, Jordan to provide 10% of electricity plants’ needs,…

Mohamed Adel

CBE to finalise study for establishment of exports guarantee firm in Q1 2019

Bank considers granting licenses to international banks, fully coordinates with government to…

Hagar Omran

Egyptian government committed to setting up right environment for economy over 2019

We will bring down public debt levels, enhance social programmes’ efficiency, says…

Hagar Omran

Egypt to settle EGP 700m worth dispute between customs, Mercedes-Benz importer

Mercedes-Benz looks forward to resume activity, produce new models in Egypt soon:…

Fatma Elkholosy