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

Arab Energy contracts to supply 1st floating power plant

200MW will be connected to national grid four months after approvals

Mohamed Adel

Egypt’s PayPal merchants can now sell internationally

The new service comes as part of PayPal’s commitment to developing e-commerce…

Daily News Egypt

Arab Bank registers $217.2m net profit in Q1 2015

The bank’s capital adequacy ratio stood at a strong level of 14.6%.

Daily News Egypt

Sawari Ventures negotiates with 20 investors for $50m investment fund

By Mohamed Alaa El-Din Sawari Ventures is planning to launch a new…

Daily News Egypt

PHC, Housing Ministry negotiate on 2 real estate projects:  PHC Managing Director

PHC acquired Giza Power Company after Economic Summit, says Al-Ansari

Shaimaa Al-Aees

EGP 180bn collected in taxes for first 3 quarters of FY 2014/2015

Meeting to take place to determine next step for capital gains tax

Sara Aggour

Tourist flow declines in Luxor, Aswan lowers April occupancy rates: ETAA Chairman

Egyptian Travel Agents Association hopes for occupancy rates in Luxor to reach…

Abdel Razek Al-Shuwekhi

Tourism ministry extends “Egypt in our hearts” initiative

The initiative aims to develop spirit of belonging and loyalty towards universities,…

Daily News Egypt

Agreements to be signed with IDB to bolster cooperation: Al-Ahwani

Minister of International Cooperation denies reports that bank demands repayments of loans…

Daily News Egypt