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

Traffic study for old Meridien Hotel to be presented to Cairo governorate this month

Investments of EGP 3.5bn expected through financing from  Gulf bank, and 50%…

70% of Egyptian biodynamic products are exported: EBDA Manager

Total space of land cultivated through biodynamic methods in Egypt is 7,000…

Menna Samir

Cash reserves fall by $1bn in May: CBE

Government works to attract investments of between $6bn-$8bn by the end of…

Johannesburg conference to discuss cancelling tariff between Egypt, African blocs

By Shaimaa Elise and Nehal Mounir The conference in Johannesburg, set to…

Shaimaa Al-Aees

Sharm El-Sheikh Agreement may increase Egypt’s Africa expos:  Assistant Foreign Minister of Madagascar

Mozambique, Angola and South Africa refused to sign Conference agenda during meeting’s…

Shaimaa Al-Aees

Agreement signed to establish $300m project for gasoline production

Project targets production of a further 850,000 tonnes of high octane gasoline…

Rana Yehia

More social housing units for youth in 6th of October City

 Officials from the 6th of October City council have been assigned to…

Daily News Egypt

$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE

The figures compare to a surplus of $2.2bn during the same period…

Shaimaa Raafat

International coalition to promote New Suez Canal opening: Mamish

The Suez Canal Authority signed a memorandum of understanding (MoU) with two…

Daily News Egypt

Orascom, Siemens construct 2 power plants

Contract value for 4,800 MW power plant is €2bn

Daily News Egypt