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

Gas exploration bid to be offered early 2015 in 11 areas

Three areas in the Delta and eight in the Mediterranean Sea will…

Mohamed Adel

Social Fund for Development to grant further loans for projects in poor areas: Director

Funding reached EGP 2.3bn by September, of which EGP 2bn was allocated…

Abdel Razek Al-Shuwekhi

120% growth in jewellery stamping authority: Supply ministry

Presidential decree to be issued to separate the authority from the ministry…

Menna Samir

Invitation to Big 5 to review economic summit projects: Investment minister

Investment banks are considering 23 projects, with approximately 20 BOT and PPP…

Mohamed Ayyad

Government considers new iron, cement licences to fill local gap

Consultations with GAFI Board on final draft of amendments to investment guarantees…

Mohamed Ayyad

Continuing decline in Brent prices positively impacts Egyptian economy

“We will not increase fuel imports because the financial resources are not…

Mohamed Adel

Economic analysts agree with IMF report on Egypt’s economic status

Analysts request to amend monetary policy and take precautions with mega-projects in…

Abdel Razek Al-Shuwekhi

Oriental Weavers expects EGP 5.8bn in 2014 sales, 2 new factories planned

By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to…

Mohamed Ayyad

EGP 4.2bn annual losses due to poor wheat handling

Mousa said that estimated losses associated with non-human consumption are 670,000 tonnes,…

Daily News Egypt

Farmers request 12% increase in beetroot supply price

Farmers are also struggling to maintain profit margins, all of which increases…

Daily News Egypt