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

IMF must evaluate Egypt’s reforms before releasing loan’s 2nd tranche: Lagarde

“The IMF needs to evaluate the economic reforms of the Egyptian government,” said…

Daily News Egypt

Eastern Company to present feasibility study to parliament to approve tobacco cultivation

The company will address the Public Tax Authority to suggest the health…

Mohamed Ahmed

Resuming the commodity stock exchange depends on the Supply Ministry’s current direction: Samy

EFSA will proceed with establishment of commodity stock exchange under all circumstances

Mohamed Ahmed

Banque du Caire’s share in joint loans during H1 of 2016 amounts to EGP 8bn: chairperson

The bank is keen to take part in financing different economic sectors…

Hossam Mounir

Value of deposited amounts in postal savings funds reaches EGP 100.6bn in FY 2015/2016: CAPMAS

The value of deposited amounts in postal savings funds reached EGP 100.6bn…

Hossam Mounir

226 ships transit the Suez Canal in first week of October

Suez Canal traffic data showed that 226 ships transited the canal from…

Mohamed Ahmed

Prysmian Group wins tender for Egyptian-Saudi electrical interconnection cables project

Lines tenders at the end of October, Transformers on 17 October, says…

Mohamed Farag

IMF Middle East Development director hopes Egypt can secure $6bn by end of month to receive $12bn loan

Egypt in ongoing negotiations with China, Saudi Arabia, and G7 states to…

Mohamed Ayyad

China, India are the future of international trade: Mahmoud Mohieldin 

Economic centre of gravity has moved from west to east, says the…

Daily News Egypt

Shell cuts Borollos, Rasheed investments to $158.9m in operating expenses

Daily decline rate 10m feet of gas at the company’s concession and…

Mohamed Adel