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

Electricity interconnection between Egypt, Cyprus, Greece in implementation phase

Initial investments amount to $4bn, marine cable extends over 1.707 km

Mohamed Farag

How Greeks end up in sham foreign jobs

A large number of employment agencies have been hiring cheap labor across…

Deutsche Welle

EEHC to complete evaluating financial bids for Hamrawein power plant in March

Mitsubishi Hitachi, Orascom Construction, and Elsewedy consortium will probably win the tender:…

Mohamed Farag

Delek Drilling and Noble Energy negotiate for usage rights of the East Mediterranean Gas Pipeline

Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas…

Mohamed Samir

Egypt receives final $1bn tranche of World Bank loan

Egypt has received the third and final $1bn tranche of the $3bn…

Mohamed Samir

Sawiris family dominates Forbes’ ‘World’s Richest Arabs 2018’ list

Nassef Sawiris tops the list, while Naguib Sawiris came in the sixth…

Mohamed Samir

Eurozone central bank inches toward stimulus exit

ECB governors have signalled greater confidence in the eurozone economy following a…

Deutsche Welle

China exports soar, but trade war may be nigh

China's outbound shipments have increased at the fastest pace in three years.…

Deutsche Welle

Swanky rides amid changing tides at the Geneva Motor Show

The Geneva Motor Show is set to open its doors to the…

Deutsche Welle

$9.624bn Egyptian exports to 5 countries in 2017

Egyptian exports to the five largest countries in the world during 2017…

Daily News Egypt