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 seeks to use surplus electricity in construction, operation of desalination plants

Government negotiates with 5 companies, notably Schneider Electric, Siemens AG, for project…

Mohamed Farag

New healthcare law to positively impact Eastern Company profitability: report

Pharos expects company's revenues to surge 13% in FY 2017/2018

Daily News Egypt

12.5% ICT sector growth rate in FY 2016/2017

The information and communications technology (ICT) sector achieved a growth rate of…

Daily News Egypt

Clarksons Shipping negotiates with 2 companies to establish ship fuel supply worth $200m

We are studying establishment of navigation company with government to build modern…

Mohamed Alaa El-Din

More difficulties facing agricultural crop exports

Europe stresses citrus examination, Saudi Arabia threatens to boycott pomegranate imports after…

Selim Hassan

CBE extends tourism support initiative to December 2018

The Central Bank of Egypt (CBE) decided to extend its tourism support…

Mohamed Samir

SCZone receives 8 requests to invest on 4 sqkm area

The General Authority for the Suez Canal Economic Zone (SCZone) has received…

Mohamed Farag

TE approves 2018 budget, targets high single digit in revenue growth

The company aims to achieve 30% capital expenditure to sales ratio

Daily News Egypt

EGX raises transactions value minimum, sets closing price at EGP 30,000 as of Tuesday

Decision would have positive impact on trading volumes during upcoming period, says…

Noha Abd ElRahman

Egypt shares seen moving sideways as CBE keeps interest rates on hold

EGX30 rises 2.35% in a week, hovers around all-time high

Elsayed Solyman