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

Egypt to add 11 power plants to national grid starting 2018: Mohamed Shaker

The new power projects will add 6,000 jobs, supply 350,000 homes with…

Elsayed Solyman

Currency flotation increased exports by $2bn: Tarek Kabil

The industrial area will help incur more foreign inflows to the country,…

Elsayed Solyman

Al-Sisi signed 3 MoU with Zambian counterpart to boost bilateral cooperation 

The meeting between both leaders included discussion over bilateral, regional and African…

Daily News Egypt

Egypt aims to take private, public sector loans to EGP 2tn

No intention to postpone $5.2bn Afreximbank loan to be repaid before end…

Abdel Razek Al-Shuwekhi

Bombardier signs letter of intent with EgyptAir for up to 24 CS300 aircraft

The deal covers 12 firm orders and 12 purchase rights with total…

Daily News Egypt

EBRD provides 7 Egyptian banks $225m

Funding is reallocated for SMEs, women, green projects, and foreign trade

Hossam Mounir

CBE reaches terms for $3.1bn financing from international banks

CBE repaid total sum of $2bn on November 9, honouring Repurchase Transaction…

Hossam Mounir

Jumia expects 18 million visitors for its Black Friday offers

We invested EGP 70m in this year's discounts: Safwat

Mohamed Alaa El-Din

6 ministries to be reviewed by committee during current FY:  Silvia Nabil

The ministries are: transport, communications, housing, new urban communities, telecommunications, information technology,…

Abdel Razek Al-Shuwekhi

Cabinet to amend railway law for development

Parliament's Transportation Committee has approved an agreement for General Electric (GE) to…

Daily News Egypt