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

Finance ministry working to reduce budget deficit to 3-4% by 2021: El-Garhy

Minister of Finance Amr El-Garhy said during a meeting of the American…

Hisham Salah

Sisi, Merkel will inaugurate Siemens power plants’ first phase

The three plants add 4,800 MW to the electricity grid

Mohamed Farag

COMESA Competition Commission investigates monopoly claims of CAF

The COMESA Competition Commission opened an investigation into the claims of monopoly…

Daily News Egypt

Total finances of SFD EGP 3.8bn during 2016

Commercial sector projects took advantage of the fund 's financing programmes with…

Mohamed Alaa El-Din

AIG to focus on selected products for growth in Egypt

AIG has announced that it has taken strategic steps to reposition its…

Daily News Egypt

Pound flotation encourages British investors in Egypt: EBCC head

Government's announcement of major national projects enhances investment opportunities, says the head…

Ahmed Sabry

18 Egyptian banks on UAB Top 100 African Banks ranking

Egyptian banks’ assets on the list account for 21% of total assets…

Hossam Mounir

Egypt to increase visa fees for incoming tourists by 140% 

Authorities will apply the new cost of entry visas for foreign visitors…

Farida Ismail

Developing ports in Suez Canal area will attract more investments: Mamish

Mamish showed the Minister of Investment the process of developing six ports…

Hisham Salah

Darwish is to present SCZone development plans during “Builders of Egypt” forum

Forum kicks off on 14 March, with the participation of 1,000 business…

Hossam Mounir