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 invests EGP 58bn in housing, utilities projects: minister

The government‘s investments in Upper Egypt projects reached EGP 58bn, distributed between…

Daily News Egypt

AI-based Amazon Go store makes cashiers redundant

As of Monday, the world's largest online retailer offers people in Seattle…

Deutsche Welle

First Group to launch two malls in Sixth of October in February

Fourth phase of KENZ Compund being developed on 120,000 sqm, says Mostafa

Shaimaa Al-Aees

ARCO to pump EGP 1.7bn into construction contracts in 2018

Company targets achieving 20% increase in sales this year, says executive director 

Shaimaa Al-Aees

Banking experts expect economy to boom in 2018

Energy, construction, SMEs will playbiggest role in raising economic growth rates this…

Hossam Mounir

Chamber of Printing & Packaging Industries negotiates with Akhbar Al-Youm, 2 banks to establish printing factory

Joint stock company to manage project immediately after financing is provided

Shaimaa Al-Aees

GE demands Electricity Ministry pay $148m

Payment due for maintenance, says source

Mohamed Farag

IMF announces its second review of Egypt tomorrow

On Tuesday, the International Monetary Fund (IMF) will announce the second review…

Daily News Egypt

Statista predicts Egypt’s inflation rate to reach 7% in 2022

Statista, an online statistics, market research, and business intelligence portal, issued a…

Mohamed Alaa El-Din

8 coalitions bid for for operation, maintenance of Siemens power plants

List includes Orascom-ADERA, Elsewedy-EDF, Steiaj-PGESCO alliance

Mohamed Farag