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

“Significant progress” made in solving NUBASEED dispute: Saudi investor

Chairman of Saudi-Egyptian Businessmen Association says move will increase future Saudi investments…

Doaa Farid

Kuwaiti fund loans Egypt $102m for power station

Another contract worth about $3m was signed with the fund to finance…

Menna Samir

Saudi Shaheen Group invests EGP 500m in Egypt

Group Chairman says these investments will be directed to agricultural and solar…

Doaa Farid

Banks to begin paying returns for Suez Canal certificates Sunday

The value of the first instalment is estimated to be approximately EGP…

Daily News Egypt

Egypt strengthens relations with India and Greece

International cooperation minister looks to build on previous cooperation to increase economic…

Menna Samir

Japan still considering whether to participate in Egypt’s economic summit: Kagawa

Japanese private sector faces many problems in Egypt, notably accessing foreign currency,…

Daily News Egypt

Fuel oil supplies non compliant with specifications behind increased summer electricity

The source said that during the summer, fuel suppliers offered fuel at…

Mohamed Adel

IDB allocates $220m for Egypt-Saudi electricity interconnection project

Islamic Development Bank announces $566m financing for projects in energy, roads, petrochemicals,…

Shaimaa Al-Aees

Tourism sector asks banks to postpone debt repayment to end of 2015

Banking system owed EGP 10bn from tourism sector, workers hope to postpone…

Abdel Razek Al-Shuwekhi

Numerous public bank officials resign to protest maximum wage

New maximum wage sets wages at 50% less than original wages, resigned…

Doaa Farid