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

EGX sheds EGP 7bn

The market registers its largest drop since the beginning of 2015

Sara Aggour

PPP mechanisms main focus of Government & Developer Summit

The summit, entitled “The new Egyptian experience for reconstruction”, is set to…

Menna Samir

EGP 4.3bn to complete 1st phase Geographical Targeting for low-income villages

“Geographical Targeting for the Most Needy Villages Programme” will end in 2018,…

Shaimaa Al-Aees

Global consortium proposes $1.1bn safari park in Egypt

The proposed project to span 1000 feddans and developers include UK's Chipperfields…

Daily News Egypt

Industry Ministry studies new steel, cement licences

Head of Metallurgical Industries chamber says there is a gap between steel…

Doaa Farid

IMF ready to support Egypt: Lagarde

Lagarde says Economic Summit succeeded in attracting agreements and contributions

Doaa Farid

25% fee reduction for goods imported in Port Said

EGP 200m allocated for Port Said’s development in FY 2015/2016

Sara Aggour

Local banks deny restrictions on providing $100 notes

The Central Bank of Egypt gave no instructions to lenders operating in…

Dahlia Kholaif

Egypt created economic DNA after summit: Ezz Al-Arab

Local banks will provide financing using pound, not dollar, for Economic Summit…

Mohamed Ayyad

CBE sells $281m Sunday, instead of usual $40m to banks

This Sunday and 1 March saw larger than usual amounts supplied to…

Menna Samir