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

Tahya Masr Fund open to donations from Ahmez Ezz, other Mubarak-era businessmen: Fund board member

Tahya Masr (Long Live Egypt) Fund would be open to donations from…

Doaa Farid

Negotiations with Russian importers ongoing: APEC chairman

Minister of Industry and Foreign Trade to visit Russia in September

Sara Aggour

Government falls behind on repayment schedule for foreign oil companies

New due payment schedule yet to be determined; government offers bid for…

Mohamed Adel

Government to import gas at $17 per million BTUs due to poor domestic gas production

EGAS seeks to encourage foreign partners to produce gas from Egyptian fields,…

Mohamed Adel

Egypt drafting law to protect facilities, criminalises attacks on water and electricity: PM

Government drafts document obliging Toshka development companies to finish within 3 years…

Mohamed Ayyad

CIRF, Rasmala Securities halt technical evaluations of companies bidding to manage Egypt Post portfolio

Six qualifying companies for tender include HC, Prime, Hermes and Alpha

Daily News Egypt

Egypt concludes foreign fundraising for Assiut power station with $55m OPEC loan

OPEC’s latest loan brings the total amount of fund provided by the…

Doaa Farid

Protection for Ras Um Sid in Sharm El-Sheikh requires EGP 850m: South Sinai official

EGP 850m in funding require to avoid plateau collapse and destruction of…

Abdel Razek Al-Shuwekhi

Inflation sees biggest monthly surge since 2008

Increased demand on commodities and fuel prices behind the 3.3% month on…

Sara Aggour

Rations manipulated, those involved must be punished: Mehleb

Prime minister demands housing minister withdraw business from contracting companies violating project…

Mohamed Ayyad