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 aims to secure €180m for Siemens wind farm

Siemens will also establish a factory for the production of wind turbine…

Mohamed Farag

Housing Minister to announce funding mechanism for New Administrative Capital

Minister of Housing Madbouly will make the announcement at the Builders of…

Daily News Egypt

New measures to attract applicants for Mortgage Finance fund

Interest rates reduced to 5% from 7%

Daily News Egypt

El Mostakbal for Urban Development issues tender for sale of 600 acres in Mostakbal City

The land will be offered in a sealed-bid auction, said chairman Nassif

Hossam Mounir

Hisham Ramez returns to CIB after 3-year absence

Ramez served as vice chairman of the CIB in December 2011

Hossam Mounir

Steel price expected to reach EGP 6,000 next June owing to dollar revaluation

Dollar crisis to affect real estate sector leading to at least 20%…

Hossam Mounir

Accountability State Authority approves financial statements of IDBEE for past 3 years

We are working to have 2015 budget approved before mid-2016, Says El-Kosayer

Hossam Mounir

AAIB celebrates first graduating class in sustainable finance programme

MOSTADAM was jointly established by the AAIB, the United Nations Development Programme…

Daily News Egypt

Real growth rate expected to decline to 3.7%: Prime Investment Research

The firm believes targeted level of budget deficit which amounts to EGP…

Shaimaa Al-Aees