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

IDA receives 37 applications for coal-fired cement factories

Ministry of Industry issues 14 licenses

Daily News Egypt

Slump hits trading on corporate bonds on stock market

Experts attribute zero trading to companies’ reluctance to issue new bonds, depreciation…

Mohamed Ahmed

NBE, Banque Misr to post joint profits exceeding EGP 9bn

Banque Misr achieved net profits of EGP 2.51bn after taxes in FY…

Hossam Mounir

British businesses must be partners of choice for Egypt’s energy future: Donaldson

British Gas and British Petroleum have together invested almost $40bn in developing…

Daily News Egypt

After dollar shortage forces closure, GM will resume plant operations in 6 October City

US dollar reserves have eroded to $16.4bn, nearly half the value recorded…

Daily News Egypt

Ministry of Industry prepares legislation to regulate issuance of licences and allocation of land

Establishment of five commercial offices in Africa to increase Egyptian exports, says…

Mohamed Alaa El-Din

EU to consider easing shipping regulations on Egyptian exports

EU member countries increased regulatory measures on Egyptian exports to EU countries,…

Mohamed Alaa El-Din

Minister of Industry and EU delegation head inaugurate Trade and Domestic Market Enhancement Programme

Ministry of Industry targets a 9% growth rate by 2020, with industry’s…

Mohamed Alaa El-Din

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