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 private sector celebrates IMF conditionality while government sighs in relief

Egypt’s private sector has largely celebrated the news of the IMF loan,…

Nicholas Mehling

Daily News Egypt reveals negotiation points between IMF, Egypt over $12bn loan

Allowing the Egyptian pound’s exchange rate to move both directions based on…

Mohamed Ayyad

Leasing activity grows 12% in first half of 2016

EFSA stated that the number of registered leasing companies is now 222…

Adel M. Fakhry

3 electricity projects subject to minister’s decision on ‘arbitration’

The companies include ACWA Power, Al-Nowais, and Toyota’s alliance to establish plants…

Mohamed Farag

US dollar loses EGP 0.10 on informal market reaching EGP 12.40

Informal market started lowering the selling prices of the US dollar after…

Adel M. Fakhry

Confusion in electricity sector as price increases not applied for July

Distribution companies to issue July’s bills at 2015 feed-in tariff rates, awaiting…

Mohamed Farag

No increases in ticket prices in the coming period: EgyptAir chairperson

First instalment of operating lease for new Boeing aeroplanes will be paid…

Shaimaa Al-Aees

MSCI continues moving sideways near 873.5 points over the last week

The MSCI index continued moving sideways for the second week in a…

Daily News Egypt