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

Lekela Power to begin construction of Banban plant in October with $90m investments

The company has put forward a competitive tender between five or six…

Shaimaa Al-Aees

Kaco New Energy targets investments of $ 500m in Egyptian market during 4 years

Kaco has partnerships with Italian and Chinese companies, in addition to Orascom…

Shaimaa Al-Aees

INJAZ expects to implement renewable energy projects in Egypt

The company has invested $13m to generate 13MW in sub Saharan Africa,…

Shaimaa Al-Aees

Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson

The bank will focus on the energy and transport sectors in part…

Hossam Mounir

Al-Futtaim real estate plans to sign EGP 1bn in contracts in 2016

The company will not participate in the New Administrative Capital or any…

Shaimaa Al-Aees

SWA to finish plan for 500-acre project next month: Palm Hills

Palm Hills plans to apply for new plots of land in West…

Mohamed Ahmed

Amazon launches rival to YouTube

Already taking on Netflix, Amazon has set its sights on another online…

Deutsche Welle

Government to adopt professional strategy to increase electricity production: minister of electricity

New plants will produce electricity using modern technology to reduces gas emissions…

Chinese companies dominate mobile sales globally in Q1 2016

334.9m devices have been sold as Chinese companies top sales growth

Mohamed Alaa El-Din

Military Production Ministry negotiates with foreign companies to study development of solar panel factories

According to the Ministry of Military Production's plan, the factory will manufacture…

Mohamed Alaa El-Din