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

EGP 44bn tax revenue increase by end of April

Budget deficit increased to EGP 230.9bn from July 2014 to April 2015…

Rana Yehia

Government to oblige desert land reclaimers to take part in utilities’ cost

GARPAD gives one month to violators that changed activity from agricultural to…

Mohamed Ayyad

National tunnel authority to acquire Tram Heliopolis

Tram Heliopolis will be connected to current metro network and electrified train…

Doaa Farid

MATIA holds new negotiations with airlines over operating in area: Chairman

The Marsa Alam area includes investments of over EGP 11bn, area is…

EGAS to prioritise pumping gas in summer to fertiliser factories for local market

Fertiliser factories agree with ministry of agriculture to supply 78% of their…

Mohamed Adel

Ministry of Electricity studies GE offer to build new energy generation centre

The project is to be built in Helwan to add 4,500 MW…

Daily News Egypt

CBE controls importers’ manipulations

Banks activate automated “Model 4” to determine real importing demands

Daily News Egypt

Revenue of dollar bonds sold by Egypt is convenient: Analysts

Covering bonds worth $1.5bn was raised by Egypt in foreign markets three…

Daily News Egypt

Real estate tax crisis ongoing between banks, finance ministry

Mediation fails between the banking sector and the government over obliging banks…

Daily News Egypt

NBE donated EGP 930m in last 5 years: Hisham Okasha

National Bank of Egypt offered EGP 210m to develop slums and fight…

Daily News Egypt