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

Electricity Ministry considering 2,000 MW water pumping, storage station in Upper Egypt

Three foreign consulting firms to conduct studies in cooperation with HPPEA

Mohamed Farag

Egypt to launch a new commercial services office in Djibouti

Delegations of businessmen to visit to exchange information on investment opportunities, says…

Shaimaa Al-Aees

Facebook ‘sorry’ over safety check glitch

Facebook has apologized after a bug sent notifications to users around the…

Deutsche Welle

Arabian Cement’s financial statements impacted by foreign currency shortage

The company’s profits declined to EGP 111m during Q4 2015

Daily News Egypt

1,560 units built in New Tiba city: minister of housing

A total of 5,352 new housing units are being built in the…

Daily News Egypt

NUCA seizes farmers’ land for construction in Beni Suef

The government’s decisions are arbitrary and serve only the investors, says NGO

Shaimaa Al-Aees

7,000 social housing units in 6th of October to be delivered in 2016

Armed Forces Engineering Corps supervises 40% of units in 6th of October’s…

Daily News Egypt

CBE has no right to reduce CEOs’ tenures under banking law: legal adviser

CBE Governor Tarek Amer surprised the banking sector by issuing a decree…

Hossam Mounir

United Bank leaders deny knowledge of selling bank to strategic investor

We have not yet received any formal notification from CBE, says El-Kady

Hossam Mounir

Programme to transfer profits of foreign companies operating in Egypt abroad promotes confidence in economy

CBE coordinates with international institutions to export share of production, experts demand…

Mohamed Ayyad