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

Audi Bank-Egypt EBRD sign $30 loan agreement to support SMEs in Egypt

The ERBD will use the loan to further its strategy in Egypt…

Hossam Mounir

Ministry of Electricity delegation to sign 4 MOUs with Japan worth $8bn during Al-Sisi’s to Tokyo

The MOUs and financial agreements will aim to address Egypt's energy needs…

Mohamed Farag

E-finance partners with University of Alexandria hospitals to institute electronic services, payment

The agreement enables patients to pay fees electronically using mobile phones and…

Mohamed Alaa El-Din

Prime Minister, UK Envoy discuss investment opportunities in Egypt

British companies have expressed interest in investment opportunities in energy, infrastructure, and…

Mohamed Alaa El-Din

MP Sedky calls for legal reform to address challenges to tourism sector

Sedky called on the General Authority for Tourism Development to halt new…

Abdel Razek Al-Shuwekhi

Influx of tourists to Sharm El-Sheikh, Hurghada expected to decline: Colliers

Tourism is expected to grow in Cairo and Alexandria, according to the…

Daily News Egypt

Egypt’s wheat reserves in question

Last May, wheat reserves were reported to be 165,000 tonnes

Doaa Farid

Egypt cancels protection fees on sugar imports days after raising customs

Decision prevents local factories from controlling prices after raising customs, says state…

Mohamed Ayyad

Revisions to forecasted GDP growth rate show continued decline: FocusEconomics

In its January report, FocusEconomics lowered the GDP forecast to 3.6%, after…

Daily News Egypt

Minister of Industry discusses opportunities to boost economic relations with US

We discussed the obstacles to increasing Egyptian exports to US market, says…

Daily News Egypt