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

Petroleum ministry assigns EGPC to pay for gas shipments through internal revenue

By Mohamed Adel The Ministry of Petroleum has assigned the task of…

Daily News Egypt

Emirati investor presents offer to implement $7.5bn power plant with 3,960 MW capacity: Cabinet

Egypt suffers 3,000 MW electricity deficit, causing communications services disruptions and leaving…

Mohamed Ayyad

Overdue petroleum debts behind increasing power outages: Egyptera director

New electricity stations will join the national grid to reduce power cuts,…

Doaa Farid

New amendments to system of export subsidies

The new intensives are related to the percentage of local component while…

Daily News Egypt

Deficit in fuel supplied to stations decreased last week to approximately 7m cubic metres: EGAS official

By Mohamed Adel Power plants’ fuel consumption rates have increased to 118…

Daily News Egypt

Ministerial Committee investigating 22 investment disputes: Justice Minister

General Authority for Investment and Free Zones (GAFI) faces 155 investment disputes,…

Mohamed Ayyad

Cement companies to increase prices: Chambers of Commerce official

Cement companies lead a coalition to increase the price of one tonne…

Abdel Razek Al-Shuwekhi

15 richest men in Egypt worth over $23bn: Egypt Business Directory

Sawiris, Mansour and Sewedy family make a strong showing on list

Sara Aggour

Russian tourism market requires study to attract new groups: Chair of Egyptian Tourism Federation

Russia forms one of the largest tourism markets for Egypt in recent…

Abdel Razek Al-Shuwekhi

Increase in Suez Canal revenues and shares’ return expected in two years: El-Araby

An increase in revenue from the Suez Canal project and its shares…

Sara Aggour