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

Statista predicts Egypt’s inflation rate to reach 7% in 2022

Statista, an online statistics, market research, and business intelligence portal, issued a…

Mohamed Alaa El-Din

8 coalitions bid for for operation, maintenance of Siemens power plants

List includes Orascom-ADERA, Elsewedy-EDF, Steiaj-PGESCO alliance

Mohamed Farag

Egypt to offer shares in up to 10 government companies in next 18 months: finance minister

Government paid $200m of arrears owed to IOCs in January, $550m to…

Mohamed Samir

64.6% self-sufficiency of red meat in 2016: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that Egypt’s…

Nehal Samir

NBE to manage finances of Zohr gas field

NBE to manage finances of Zohr gas field

Hossam Mounir

Arab Investment Bank aims to boost loans portfolio to EGP 15bn by end-2018: chairperson

We eye 50% growth in financing, 30% in deposits, profits, says Seif…

Hossam Mounir

Egypt to reap economic reform fruits in 2018:  El-Damaty

Banks will focus on financing renewable energy, construction, communications sectors in coming…

Hossam Mounir

2018 is year of transition, not prosperity: Kamal

State continues to import most production components, many goods, case which may…

Daily News Egypt

2018 to see 6% economic growth rates in 2018: El-Kosayer 

Public debt is still safe and, unlikely to increase, keeping the current…

Hossam Mounir

Industry future of state in coming period next to SMEs: Fahmy

Energy sector is most prominent sector that can contribute strongly to growth,…

Hossam Mounir