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

Five companies qualified to establish solar power station in Zaafarana

List includes Nari, Elecnor, TCK, Belectric, Vikram Energy: sources

Mohamed Farag

Mobile subscribers in Egypt down 3.4%, mobile internet users up 4.2% in Q2 2018

Internet market added 3 million new consumers in Q2, number of internet…

Mohamed Alaa El-Din

Egypt negotiates Israel gas company to settle $1.75bn arbitration case

Completion of arbitration cases before start of gas transfer to Egypt beginning…

Mohamed Adel

WB to invest $45bn in Africa over next three years

Egypt presents a memorandum to WB, IMF with African Caucus demands, says MIIC…

Hagar Omran

Egyptian banking sector showed remarkable resilience, flexibility before political, economic challenges: UAB

Financial bank indicators operating in Egyptian market confirm existence of financial safety,…

Hossam Mounir

NPLs fall to 4.3% of total loans at end June 2018: CBE

Provisions to combat doubtful debts amounted to EGP 109.294bn in H1

Hossam Mounir

Zulficar & Partners tapped as legal counsel on 4.5% stake sale of Eastern Company

Transaction is scheduled to take place sometime between 21-25 October

Daily News Egypt

Egypt shares edge closer to bear market as sell-off pressures continue

EGX 30 tumbles 6% in a week, marking worst loss in almost…

Daily News Egypt

Mall of Arabia operates debt-free after paying off EGP2bn loan

Mall’s debt-free status will allow Marakez to continue its expansion plans, develop…

Daily News Egypt