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

House of Lords members demand resuming flights to Sharm ELSheikh

An action request which is equivalent to the Egyptian parliament briefing call,…

Nehal Samir

EAEF Invests in Orchidia Pharmaceutics 

The Egyptian American Enterprise Fund (EAEF) announced acquiring a 46.5% stake in…

Nehal Samir

“Urban communities” increase investments in “administrative capital” to EGP 10bn

Madbouly is offering foreign companies to participate in developing projects in new…

Mohamed Darwish

Industry leaders, global investors explore opportunities at 7th annual EFG Hermes London Conference 

Frontier emerging markets represented by this year’s expanded roster of conference participants

Elsayed Solyman

EBRD predicts 4.5% growth in Egypt in FY 2017/2018

The growth is supported by economic reform, export rebound, and tourism sector…

Mohamed Abdel Megeed

Egypt, Saudi Arabia postpone settling tenders for electricity connection to next year

Cesi hired as a new project consultant after TGS completes tasks

Mohamed Farag

TMG denies Alwaleed bin Talal investments as company’s falls

The group says it received several inquiries regarding bin Talal’s investments

Elsayed Solyman

Egypt, Bulgaria cooperate in military and civil manufacturing

Trade volume between the two countries registered $64.2min Q1 2017

Hossam Mounir

26% of FDI for Arab world goes to Egypt

Egypt received 26% of the foreign direct investment (FDI) inflows to Arab…

Shaimaa Al-Aees

Investments in FiT projects amount to $350m

Company aims to produce 130 MW from FiT 

Mohamed Farag