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

ABB promises to add 10 GW to national power grid

The Swiss company aims to double investment in Egypt, upgrading infrastructure

Doaa Farid

New administrative capital authority to be formed to negotiate with investors: Cabinet

The land of the first phase of the administrative capital is distinctive…

Daily News Egypt

EU, KfW, EIB, Electricity Ministry inaugurate wind farm in Egypt

The project costs amounted to €340m

Daily News Egypt

Asus to enter Egyptian smart-phone market

40,000 devices to be imported by end of 2015

Daily News Egypt

6 banks exempted from applying maximum wage

Six other banks await a judicial ruling for exemption

Hossam Mounir

GB Auto launches four-part plan to face dollar shortage

By Mohamed Ahmed GB Auto has announced a four-part plan to deal…

Daily News Egypt

Gas market regulation authority to be launched next year: petroleum minister

Egypt will continue to import gas even after Zohr field discovery to…

Mohamed Ayyad

New contracts for South Helwan power plant

UEEPC signs multiple contracts at a value of approximately EGP 1bn

Daily News Egypt

Egyptians ask minister if he can live on EGP 2 per day

“If you can live on EGP 2, so can we,” citizen says…

Shaimaa Al-Aees

Egypt has great growth potential: ABK leaders

Bankers discuss new vision for Egyptian operations after Piraeus acquisition

Hossam Mounir