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

NREA, Acwa Power sign MoU to establish solar, wind plants

$12bn investment to produce 10,000 MW in 5 years, says Abunayyan

Mohamed Farag

King Salman reveals establishment of Saudi-Egyptian investment fund worth SAR 60bn

Saudi King Salman explained that the Saudi share in the investment fund…

Daily News Egypt

FEB calls for real estate tax emption for banks holding foreclosed properties

The FEB will submit the memorandum to Tarek Amer, governor of the…

Hossam Mounir

South Valley Cement Company to decide on cement licenses with $200m investment by April

The meeting will also decide on a plan for expanding the production…

Mohamed Ahmed

Agreements signed during Saudi king’s visit to double investment in Egypt: Abo El-Enin

Saudi Arabia aims to attract foreign investment of SAR 1tn in the…

Shaimaa Al-Aees

Implementation of VAT to generate EGP 35bn in FY 2016/2017: Ministry of Finance official

Parliament is yet to discuss and vote on the implementation of the…

Sara Aggour

The Egyptian real estate leaders: how well are they doing?

The business of the Egyptian real estate market has been flourishing despite…

Sara Aggour

HDB posts SME loan portfolio of EGP 1bn: CEO

SMEs constitute 12% of the bank's loan portfolio

Hossam Mounir

290 ships carrying 16.2m tonnes transit the Suez Canal last week

An average of 41.4 ships transited the canal per day during the…

Mohamed Ahmed