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

13,000 pilgrims arrive in Saudi Arabia for Hajj: Tourism ministry

Egypt was granted around 63,000 visas for pilgrimage to Mecca and Medina…

Abdel Razek Al-Shuwekhi

Tax amendments require factories to repay gas consumption: Finance minister

Decision aims to resolve disputes between companies and EGPC in collecting natural…

Mohamed Ayyad

New mining law violates constitution: Federation of Industries

Federation claims law overlooks opinion of civil and industrial society experts and…

Daily News Egypt

Coalition of NGOs rejects government plans to apply VAT

Groups claim that tax applied on all products and services could ‘prejudice’…

Doaa Farid

EGP 19bn of Suez Canal annual revenues allocated for interest, investment certificates: Finance minister

Handy Kadry Dimian said that the canal revenues will increase to nearly…

Mohamed Ayyad

Tariff on solar power to be increased to EGP 1.025 per kWh: Ministry official

Electricity Ministry issues distinct tariff for electricity generated from solar and wind…

Abdel Razek Al-Shuwekhi

Errors in manoeuvring procedures reason for blackouts: Expert committee

Final report sent to Al-Sisi and Mehleb details reasons behind sudden electricity…

Mohamed Ayyad

Gulf of Suez project exporting 270,000 tonnes of PET annually: EGPC official

The Polyester Producing Company, subsidiary of the Egyptian Petrochemicals Holding Company, exports…

Mohamed Adel

New mineral resources law to be ratified by President within days

25% of rent revenues directed toward developing governorates

Mohamed Adel