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

Hamza Consulting contracted for topographic studies for Kom Ombo plant

Geological report says Kom Ombo plant land will be complete in 15…

Mohamed Farag

Banks ordered to prioritise providing foreign exchange for vital exports

CBE demanded that local banks prioritise directing their foreign exchange liquidity to…

Hossam Mounir

Chinese TEDA Group signs industrial development deal

Wei Jianqing, CEO of TEDA Group, said the company will immediately start…

Daily News Egypt

Egypt to export solar powered energy by 2020: REC Senior VP

REC is a European company working with Orascom to build solar plants…

Shaimaa Al-Aees

Foreign exchange reserves stable in November

Foreign exchange reserves were stable in November at $16.4226bn, the Central Bank…

Hossam Mounir

EGX-30 rises by 1.95% on Thursday

Stock market achieved EGP 643.63m during the trading of 315.94m shares

Daily News Egypt

Cooperation is conditional for obtaining dollars: CBE to banks

Amer's latest regulations for dollar availability act as a warning to uncommitted…

Hossam Mounir

CBE sets new regulations for dollar auctions

Banks acquisition of dollars is dependent on their efficiency in providing foreign…

Hossam Mounir

World food prices fell by 1.6% in November: FAO

All food prices fell by 18% compared to November 2014

Shaimaa Al-Aees

CBE issues exceptional offer to pump dollars in banks to meet import needs

Tarek Amer met with President Abdel Fattah Al-Sisi Wednesday to present his…

Hossam Mounir