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

1,300 MW addition to electricity grid in August may not end power outages: Energy expert

Energy expert Mohamed El-Sobky says if natural gas supplies to power stations…

Doaa Farid

Egypt to offer investment opportunities in Italy

The Minister of Investment is consulting with the Italian ambassador to increase…

Mohamed Ayyad

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