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

Timetable set to reclaim 40,000 acres from Western Desert: Ministry of Agriculture

 Minister of Agriculture and Land Reclamation Ayman Abu Hadid recently announced that…

Daily News Egypt

Egypt foreign reserves up at $17.414bn in March: Central Bank

Reuters - Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn…

Daily News Egypt

Dubai says agreement in principle on UAE bourse merger; no final word on bond issue

Reuters - A top Dubai economic policymaker said on Monday that an…

Daily News Egypt

Ministry of Housing approves debt repayment plan for struggling tourism companies

Ministry of Housing agrees to grant tourism companies the option to pay…

Daily News Egypt

Egyptian pound strengthens at central bank Forex sale

Reuters - The Egyptian pound strengthened at a central bank dollar auction…

Daily News Egypt

Divergence in MENA sovereign energy importer-exporter ratings widens: Fitch

Reuters - Fitch Ratings says in a new report that the average…

Daily News Egypt

Smartcard subsidy system to be implemented in Port Said next week

Ministry of Supply provides smart ration cards to citizens to meet their…

Daily News Egypt

Egypt bourse hits 8-week low

Reuters - Egypt's main index dropped 2.3% to its lowest close since…

Daily News Egypt

EGP 500m capital allocated for Egyptian Company for Road Projects: Minister

“The capital of the newly established joint-stock company is 100% Egyptian,” says…

Sara Aggour

Social insurance debt to be repaid by 2021: Finance ministry

Value of social insurance debt between 2011 and 2013 amounted to EGP…

Doaa Farid