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 targets projects worth 12bn euros over 7 years: El-Sobky

NREA will put to tender new solar plants and wind farms with…

Mohamed Farag

Saudi company Acwa Power to invest $12bn in the Egyptian market over five years

Acwa will not negotiate MoU until projects are decided upon

Mohamed Farag

Siemens energy sector achieved sales of €17bn in 2015

Siemens targets sales of €85bn this year in three fields

Mohamed Farag

We aim to reach an electricity surplus of 25%: Electricity Minister Mohamed Shaker

We are prepared for the high electricity demands of the summer and…

Mohamed Farag

Renewing Egypt’s energy sector

After a period when electricity shortages and black-outs were a regular occurrence…

Ahmed Yeganeh

Eni to increase Zohr field gas production to 2bn cubic feet per day by end of 2019

From 2037, gas production will gradually decline down to 1bn feet per…

Mohamed Adel

The new Greek reform package explained

Greek lawmakers have voted to overhaul the country's tax and pension systems.…

Deutsche Welle

How the design of computers evolved over 75 years

In May 1941, 75 years ago, the world's first computer was released:…

Deutsche Welle

Saudi Arabia creates energy mega-ministry to implement Vision 2030 plan

The new department will oversee half of the kingdom's economic output as…

Deutsche Welle

Civil society and government cooperate to support MSMEs

High interest rates are main obstacle for MSMEs in Egypt, says HDB chairperson

Fatma Ahmed