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

Egypt proposes Sinai development projects to Arab institutions

International Cooperation Minister says projects cost $1.5bn

Daily News Egypt

Land survey commission to mark lands for establishment of commercial chains: Cabinet

Inter-ministerial coordination to facilitate the procedures for obtaining the construction permits and…

Mohamed Ayyad

FEDCOC investors focus on low to median housing and Real Estate Developer’s Union Law

The FEDCOC seeks to add 500,000 housing units and prompt action on…

Hossam Mounir

Will launching World Day to Combat Housing Crisis solve Egypt’s deficit?

Launching such a day will not address real estate sector’s problems unless…

Shaimaa Al-Aees

Talks with Saudi Arabia on constructing $4bn resort in Sharm el-Sheikh: Zaazou

Financed with Saudi capital, the project has been dubbed the largest tourist…

Daily News Egypt

22.1% decrease in trade balance deficit in September 2015

The deficit recorded EGP 29.49bn in September 2015, compared to EGP 37.86bn…

Rana Yehia

Executive regulations grant charitable funds freedom to invest in different schemes: EFSA Chairman

Chairman of the Egyptian Financial Supervisory Authority (EFSA) Sherif Samy said the…

Mohamed Ahmed

Egyptian Electricity Holding Company granted EGP 10bn

Banking alliance led by NBE contributes to funding three power plants

Hossam Mounir

EFSA awaits Sawiris’ offer to acquire CI Capital

Outlooks indicate that Rasmala Investment Bank will make an offer within hours,…

Mohamed Ahmed