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

25-30% increase in real estate prices after fuel price hikes

Member of the board of directors of the Egyptian Federation for Construction…

Shaimaa Al-Aees

Government reduces fuel subsides by 16-66%, raises gasoline 92 to EGP 6.75

The Egyptian authorities decided to go ahead with hikes to subsidised government-set…

Mohamed Samir

IBM Appoints Wael Abdoush as Country General Manager for IBM Egypt

IBM today announced the appointment of Wael Abdoush as Country General Manager,…

Daily News Egypt

Drowning in debt — Barbados’ predicament offers a warning for small island nations

Barbados has been struggling with weak economic growth over the past decade,…

Deutsche Welle

Egypt targets increasing Zohr gas production to 1.75bn scf/day by August: El-Molla

Egypt is targeting increasing the production capacity of its mega gas field…

Mohamed Samir

No clear incentives for Egypt’s MFIs to transform from NGOs into for-profit companies: IFC

2.5bn people in developing countries have little or no access to formal…

Shaimaa Al-Aees

Egypt amends some provisions of listing, delisting rules for EGX

The board of directors of the Financial Regulatory Authority (FRA) issued a…

Daily News Egypt

EGP 6.2bn tender for constructing nine transformer stations to be offered: electricity minister

We will extend network by over 6,174 km through 2025, says Mohamed…

Mohamed Farag

Government T-bonds dues rise to EGP 699.168bn end-May

State to pay $18bn, €2bn between December 2018, February 2048

Hossam Mounir