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

Continued disbursement of bread with golden card costs about EGP 2bn per year: supply minister

Storage Capacity for wheat in silos reached 2.9M tonnes, up from 1.2M…

Basma Tharwat

MCIT targets 10% growth, increasing ICT sector GDP share to 3.1%: minister

We will do number of investment incentives, mainly tax exemption of 50%…

Mohamed Alaa El-Din

Stability drives increase in tourism revenues: Al-Mashat

Private sector contribution at 98%, Ministry's role mainly organisational 

Aisha Zidane

Industry Ministry develops policy to identify manufacturing opportunities: minister

Egypt Capable of manufacturing Everything even rockets, says Nassar

Shaimaa Al-Aees

We aim to achieve surplus, reduce overall deficit to 8.4% of GDP: finance minister

Plans to offer five other State-Owned Companies in Q1 2019

Ahmed Farahat

Electrical connection with Saudi Arabia with $1.56bn investments: minister

Future Electricity production investments amount to EGP 152.3BN

Mohamed Farag

Dutch bank ING pays fine to settle criminal investigation

Dutch banking group ING has agreed to pay a fine following criminal…

Deutsche Welle

NUCA’s approves contracts with five real estate companies with investments EGP 179bn: Madbouly

Benefits from Marketing plan for developers, Development increases value of land, says…

Mohamed Darwish

IMF bailouts — roads to stability or recipes for disaster?

The International Monetary Fund (IMF) has been described as the lender of…

Deutsche Welle