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

Meeting follows up on ‘Om el-Sid’ plateau’s restoration project

South Sinai Governor provides the EGP 80m needed for restoration

Daily News Egypt

$500m to launch 750 MW capacity Banha power station

Station operates through combined cycle system, allowing production of one-third of energy…

Shaimaa Al-Aees

300% growth in Travelstart Egypt sales in 2014: Regional manager

Website visitors increase to 1.2 million during 2014 results in revenue growth

Moody’s upgrades CR assessments for 5 Egyptian banks

On 15 May, Standard and Poor’s revised its outlook on Egypt, raising…

Sara Aggour

1,000 projects approved under government’s youth employment initiative

The first phase of the project was launched in mid-March, with approximately…

Doaa Farid

EGX plans lowering listing fees

EGX chairman says it is to maintain capital market’s competitiveness

Sara Aggour

Final draft of Suez Canal investment law grants broad powers to SCA: Investment ministry

The Ministry of Transitional Justice is revising the draft to be sent…

Mohamed Ayyad

Oil price will break $70 barrier next winter: Expert

Reduction of subsidies bill for FY 2014/2015 to EGP 60bn, says petroleum…

Mohamed Adel

Total to open two petrol stations this month, aims for 10 stations in 2015

“We provided our stations with the special machines for distributing fuel by…

Daily News Egypt

EIM raises Kia price by EGP 6,000 in April/May

Delivery time for Renault Stepway is seven months

Daily News Egypt