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

Tender awarded to supply Egypt’s petroleum needs for January: Petroleum Minister

A tender was held by the EGPC to select the company, pending…

Mohamed Adel

Saudi Arabia proposes economic reforms

Saudi Arabia has run a massive fiscal deficit in 2015, due to…

Deutsche Welle

Financial, technical negotiations for Dabaa power plant to be concluded in January

Loan for Siemens stations, Borollos, new administrative capital to be signed next…

Mohamed Farag

183% increase in YoY financial leasing: Head of EFSA

Land lease contracts dominate boon in financial leasing accounting for EGP 7bn

Daily News Egypt

AMIC revises projections for automotive sector, expects gains in 2015

AMIC revised projections it published in early December, when it anticipated that…

Ahmed Amer

Government to propose 709 pieces of land, 366 outlets to investors to launch commercial chains

Urgent steps to eliminate bureaucracy and facilitate procedures for the investors: Prime…

Daily News Egypt

Beyti launches marketing plan to increase sales in 2016: Company statement

Increasing factories’ production capacity and offering the largest amount possible of Beyti…

Daily News Egypt

Qalaa Holdings divests from MGM and UGC for EGP 828m

The company has sold its shares in several companies including Sudanese Egyptian…

Shaimaa Raafat

Calls to Housing Ministry to allocate part of new capital for housing

Abdallah expects no less than EGP 20bn in revenues from selling those…

Hossam Mounir

New Aswan City to see construction under much-delayed Social Housing Programme

The Ministry of Housing announced the construction of 4,000 units; 640 units…

Daily News Egypt