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

Ganoub El Wadi to float tender for oil exploration in 10 Red Sea sites

Importance of providing necessary data to start exploration activity in region, allow…

Mohamed Adel

Firnas Shuman hired as consultant for establishment of solar power plant in Kom Ombo

Arab Fund for Economic, Social Development to fund project, contractors to be…

Daily News Egypt

HCWW is preparing to submit a tender for development of Kitchener Drain

Preparing prospectus, awaiting letter of no objection from the financiers: Raslan

Mohamed Farag

Education, supply, economy, come on top of sectors witnessing rumour wave in 2018

President Al-Sisi previously warned of rumours’ consequences on pace of development

Daily News Egypt

EU minting more coins for a cashless world

Even though a lot of the world is headed toward cashless payment,…

Deutsche Welle

FRA approves draft law to regulate consumer credit activities

Only companies licensed by FRA, with capital of EGP 10m or more…

Daily News Egypt

Foreign assets deficit continues to widen in banks

Exit of foreign capital from emerging economies trailed in October at slower…

Hossam Mounir

Total government debt increased to EGP 4,315bn, budget deficit decreased to 3.1% of GDP

GDP grew by 5.2% during FY 2017/18, compared to 3.6% during last…

Fatma Elkholosy

Supporting feeding industries may be government door to manufacture Egyptian cars

Sector awaits incentives to launch, boost investments is linked to announcing the…

Rasha Sorour