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 companies operating in Egypt have reduced gas production: Ministry report

Delayed payment of debts to foreign partners threatens Egyptian gas production, says…

Mohamed Adel

Tourism companies launch campaign to promote Hajj: Egyptian Travel Agents Assocation

Association launches advertising campaign on four television channels to promote coming Hajj…

Abdel Razek Al-Shuwekhi

Red Sea tourism rises after Germany lifts travel warning: Hotels chamber

Hotel occupancies rose to 80% in Hurghada and 35% in Sharm El-Sheikh…

Abdel Razek Al-Shuwekhi

Government adopts new electronic system to track progress on development projects

The new system allows the government to electronically monitor the implementation of…

Doaa Farid

Egypt aims to boost wheat self-sufficiency

Wheat represented the largest single subsidy expenditure after fuel price support, which…

Daily News Egypt

Administrative reform, social safety net to help economy reach 3.2% growth: Planning minister

El-Araby says the government will announce an administrative reform road map to…

Doaa Farid

Dues owed to foreign oil and gas companies reach $6.3bn in July

Dues owed to foreign oil companies reached a total of $6.3bn this…

Mohamed Adel

Abu Trika’s bank account frozen for not paying taxes: Finance ministry official

Account freezing is “a normal step taken with anyone”, the official says

Sara Aggour

Egypt seeking to provide next payment tranche to foreign petroleum partners

Delays in payments have hindered development, exploration and production in oil fields

Daily News Egypt

Rise in Egyptian food prices due to subsidy cut: FAO

FAO expects cutting fuel subsidies to outweigh impact of global increase in…

Daily News Egypt