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’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics

US dollar exchange rate expected to increase to EGP 10.19 by the…

Shaimaa Al-Aees

General Authority for Government Services achieves EGP 650m in auction earnings: authority head

37,000 feddans were recovered by the State Land Recovery Committee

Mohamed Samir

Egypt begins economic recovery

Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest…

Nicholas Mehling

Egyptian Competition Authority accepts reconciliation with Telecom Egypt

The company partly suspended internet services from September 2013 until October 2015

Shaimaa Al-Aees

Is pressure for Egypt’s reform coming from the IMF or from oil prices?

While the IMF conditionality is the focus of the reform agenda, oil…

Nicholas Mehling

Petroleum Ministry to rerun ADCO and Damietta liquefaction factories by 2020/2021: minister

The ministry agreed with Shell to adjust the 9B gas prices and…

Mohamed Adel

ArabyAds aims to expand affiliate marketing services in Gulf region

Internet marketing helps young people to boost their income on their own…

Mohamed Alaa El-Din

Oriental Weavers invests EGP 100m to expand production capacity in H2 of 2016

The company Oriental Weavers plans to inject EGP 100m in investments during…

Mohamed Ahmed

Fed up with personal driver apps? Wait for Buseet

The goal is to encourage private car owners to leave their vehicles…

Mohamed Alaa El-Din

NBE finances 47,000 SMEs with EGP 28bn as of end of June

Bank aims to increase volume of provided SME funds to EGP 72bn…

Hossam Mounir