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

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

Egypt to offer shares in up to 10 government companies in next 18 months: finance minister

Government paid $200m of arrears owed to IOCs in January, $550m to…

Mohamed Samir

64.6% self-sufficiency of red meat in 2016: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that Egypt’s…

Nehal Samir

NBE to manage finances of Zohr gas field

NBE to manage finances of Zohr gas field

Hossam Mounir

Arab Investment Bank aims to boost loans portfolio to EGP 15bn by end-2018: chairperson

We eye 50% growth in financing, 30% in deposits, profits, says Seif…

Hossam Mounir

Egypt to reap economic reform fruits in 2018:  El-Damaty

Banks will focus on financing renewable energy, construction, communications sectors in coming…

Hossam Mounir