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

Egypt relies less on external funding compared to other countries: IMF, WB

FDIs in Egypt concentrated in oil, gas, energy sectors, says Khanna

Hagar Omran

Damietta LNG plant exports gas again after six-year suspension

Quantities of Zohr gas to be exported through Damietta LNG plant in…

Mohamed Adel

$3.2.bn projected Chinese investments for developing CBD’s second phase of New Administrative Capital

Launching petrochemical refinery project at capital with $6bn investment

Shaimaa Al-Aees

Cairo Angels announces investment in AlMaqarr

AlMaqarr now well capitalise by expanding to new locations, enhance its operations

Daily News Egypt

Auto industry pushes back against tougher EU emissions targets

European carmakers have openly questioned the EU's 2021 car emissions goals, rejecting…

Deutsche Welle

Deposits up by EGP 11.8bn by end-July 2018: CBE

Volume amounted to EGP 3027.3bn up from EGP 3015.5bn at end of…

Hossam Mounir

EFG Hermes plans to implement 18 deals in 2018: executive management

Deepening presence in current markets, taking six months before studying new markets,…

Ahmed Farahat

Sarwa Capital to float 40% of its capital in October

52% Net profit cagr from 2013 to 2017, Beltone manages IPO

Mahmoud El-Qassas

EU dedicates €113.3m funds to Egypt in 2018: ambassador

€11BN total ongoing aid commitments of EU Member states, EU institutions, EFI…

Shaimaa Al-Aees

27 companies receive lands in MU23 at New Administrative Capital

16 banks receives plots of land in business district out of 30…

Shaimaa Al-Aees