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

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

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