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

Egyptian administration needs a 21st century mentality to achieve progress: Moussa

Egypt has suffered from mismanagement since the monarchy and until the rule…

Mohamed Ayyad

Suez Canal Authority plans to establish shipyard to build, repair ships in Port Said

The new shipyard will not be limited to ship repair and shipbuilding—like…

Mohamed Ahmed

Cleopatra Hospital puts 40m shares at EGP 8.75 to 11.88 per share

One to the financial institutions and individual investors, and investors with expertise…

Mohamed Ahmed

Balances in savings accounts increased by 21.3% in FY 2014/2015: CAPMAS

Balances in postal savings funds reached EGP 169.6bn in FY 2014/2015, compared…

Hossam Mounir

Shell, BG to receive part of $3.2bn dues in June

The debt is promised to be fully repaid by the end of…

Mohamed Adel

Juhayna targets producing 30% of its own daily needs by end of 2018

The company aims to increase production by five times, to 250 tonnes,…

Mohamed Ayyad

Final contract for Dabaa nuclear plant to be concluded next month: official

Minister of electricity's visit to Moscow solved sticking points in the agreement,…

Mohamed Farag

AMF loan term set to three years, first instalment after 18 months

AMF loans amount to $1.6bn and $68,000 for service fees, says El-Gohary

Sawiris lifts capital of Promo Media to EGP 500m

Sawiris said that selling ONTV removed the conflict of interest between owning…

Daily News Egypt

Egypt’s economic situation remains far from rosy: FocusEconomics

The GDP is expected to be $311bn in FY 2015/2016 and to…

Shaimaa Al-Aees