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 150m losses from electricity stations bombs: Electricity Minister

Electricity stations in Egypt are challenged by fuel shortage, maintenance and frequent…

Doaa Farid

Arab Development and Real Estate Company buys New Cairo land for EGP 3.5m

Company says it will establish real estate projects on 1,000 sqm of…

Doaa Farid

Ratifying Sharm El-Sheikh agreement depends on private sector: Madagascar Minister of Commerce

We expect doubling trade balance between Egypt and Madagascar in different products,…

Shaimaa Al-Aees

EFSA establishes first insurance awareness association: Chairman

Total investments of insurance companies and Egyptian insurance funds amount to over…

Mohamed Ayyad

Mobinil, Ericsson launch modern packet core network

Modernising Mobinil’s mobile packet core caters to increasing demand for mobile-broadband services

Daily News Egypt

Government collects 6% of tax value: Head of Large Taxpayer Centre

Finance minister said government collected EGP 180bn in nine months

Doaa Farid

ABC Group delegation to visit Egypt to investigate funding Suez Canal projects: CEO

Electricity, petroleum and alternative energy projects are on top of ABC’s priorities…

Daily News Egypt

EFG Hermes launches EGP 100m leasing services company

EFH Hermes Leasing will cater to SMEs and corporates

Sara Aggour

Study of propylene and derivatives project to be finalised by October: ECHEM

Study will be delivered to Boubyan Petrochemicals Co to activate MoU signed…

Mohamed Adel

Rich people’s real estate is a way for hiding money: Sabbour

Low-income housing is witnessing a low turnout due to the inability of…

Shaimaa Al-Aees