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

NBE and Egyptian Gulf Bank to provide EGP 500m and 120m to Mobinil

Four banks participate in total of 1bn syndicated loan to Egyptian service…

Daily News Egypt

NIB funds EGP 270m in public housing projects this year: Board Member

National Investment Bank looks to finance housing projects in framework of state…

Abdel Razek Al-Shuwekhi

EGP 30m allocated to construct Assiut axis road

The complete project expected to cost EGP 300m, Assiut Governor Ibrahim Hamad…

Sara Aggour

New confidence in real estate with increased stability: JLL

Strongest performance in the residential sector, with no major changes in office…

Daily News Egypt

MOPCO 1 and 2 expansion to be completed by early 2015 through $1.9bn in investments

The MOPCO 2 project will increase the company’s productive capacity to over…

Mohamed Adel

Talks on applying VAT ongoing: Finance ministry

Egyptian government struggles to increase its revenue through reforming tax system and…

Mohamed Ayyad

Government prepares new economic stimulus package: Finance Ministry

The new package aims to revitalise and expand the activities of the…

Doaa Farid

EGPC tracking distribution of fuel through GPS to prevent smuggling

EGPC's inability to follow-up on the fuel distribution process made it face…

Mohamed Adel

Eid travel: Discover something new this year

Here are a few ideas to help you relax and a hide…

Daily News Egypt

High occupancy in Red Sea and South Sinai pre-Eid Al-Fitr: Hotels Chamber

Occupancies in the Red Sea increased to 70% and South Sinai to…

Abdel Razek Al-Shuwekhi