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

Compensation Law rescues 5,000 construction companies from bankruptcy: Egyptian Federation for Construction

Sahl Al Damrawi, member of the Egyptian Federation for Construction and Building…

Daily News Egypt

Cost of Al Dau Development projects jump 50% after flotation: Hefz Allah 

Al Dau Development expects initiating Al Dau Strand project by the end…

Shaimaa Al-Aees

Government to extend rice export ban to secure local market needs

The government rice mills pay EGP 3,000 per tonne of rice while…

Daily News Egypt

PharmaPlast to establish new factories in Borg El-Arab in 2018 

The company allocates EGP 40 mn pounds for the implementation of the…

Mostafa Fahmy

Egypt ERA amends regulations of 500 KW solar plants

The surplus production of power will be sold at 68.9 piastres per…

Mohamed Farag

NBE signs 2 cooperation protocols with ministries of higher education and planning worth EGP 500m 

The two conventions aim to serve scientific research and support external scholarship…

Daily News Egypt

1.33 million female beneficiaries of microfinance in Q1 2017

Female beneficiaries of microfinance constitutes 66% of total clients, says Sami

Shaimaa Al-Aees

Careem aims to increase captains to 200,000 at end of 2018

We have 60,000 captains working with us now: Kato

Mohamed Alaa El-Din

Banque du Caire raises its interest rates by 1.5-2%

Banque du Caire decided to hike the interest rates offered on its…

Daily News Egypt

Al Rajhi aims to increase its agricultural investments in Egypt to EGP 2bn in 5 years

Egypt Kuwait Holding Company is looking for new investment opportunities to increase…

Mohamed Ayyad