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

Rumours of IMF negotiations untrue: Finance Minister

An IMF delegation will visit Egypt before the end of 2014, minister…

Sara Aggour

No ceiling for acquiring Suez Canal investment certificates

A source close to the project stated that Dar Al-Hanadasah is the…

Sara Aggour

Shift in Suez Canal financing comes under scrutiny

Investment certificates expected to encourage investors with higher-than-average interest rates

Sara Aggour

Fuel shortage is the real reason behind the power outages: EGYPTERA head

Daily News Egypt sits down with Hafez El-Salmawy, head of the Egyptian…

Daily News Egypt

Egypt received $1bn from IFC in 2013: MENA general manager

The IFC funded private sector projects in various fields including infrastructure, energy,…

Abdel Razek Al-Shuwekhi

ITIDA signs cooperation protocol with International Finance Corporation: Communications minister

Information Technology Industry Development Agency signed protocol with IFC to strengthen workers’…

Abdel Razek Al-Shuwekhi

11 ministries to provide new Suez Canal project labour

A high-level committee will determine the technical and managerial labour required for…

Doaa Farid

EGP 15bn investment goal for Suez Canal project telecomms sector: Communications Minister

Communications Minister Atef Helmy anticipates investments in the telecommunications and information technology…

Abdel Razek Al-Shuwekhi

Tourism minister denies offering Egyptian citizenship for sale to foreign investors

Hisham Zaazou says that if security, judicial and economic authorities approved the…

Doaa Farid