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

Suez Canal Authority consults investment banks in financing development project

Authority plans to obtain funding through stock market IPO, says media spokesperson

Daily News Egypt

L’azurde to establish third factory in Egypt: Egyptian-Saudi Business Association

L'Azurde will open its first stores in Egypt's Cairo Festival City Mall…

Daily News Egypt

Finance ministry provides additional EGP 922m for public business sector

Government delayed with presenting next year’s budget, hesitation about pursuing subsidy reform

Daily News Egypt

Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman

Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign…

Sara Aggour

The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts

The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…

Daily News Egypt

EGP 135bn spent on subsidies for current fiscal year

By the end of the current fiscal year the amount spent on…

Daily News Egypt

Wepco assumes operational control of Badr 1 field

Badr El Din Petroleum Company is currently operating Badr 1 but will…

Daily News Egypt

50 exhibitors participating in International Franchising Exhibition

Chairman of Egyptian Franchise Development Association says size of direct investments for…

Daily News Egypt

EGPC to export Western Desert crude oil

Revenues of each sold barrel will value at $2, Egyptian General Petroleum…

Daily News Egypt

Egypt imports 60,000 tons of wheat from Ukraine

The wheat supplies will be imported starting on 20 June over a…

Doaa Farid