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

EBRD invests $190m in Egyptian power plants

Upgrading Shabab and West Damietta plants will cost a total of $900m

Doaa Farid

AFDB to increase lending programme to Egypt in 2015

African Development Bank says it will continue providing assistance to Egyptian government…

Sara Aggour

Ministry of Housing, armed forces to take back land in Delta region: Minister of Housing

Citizens have illegally seized 70,000 acres from the government, Ministry says

Daily News Egypt

Egyptian pound strengthens slightly at Central Bank dollar sale

Dollar shortages have been fuelling a thriving black market.

Daily News Egypt

Libyan fund sues France’s SocGen for $1.5bn

AFP – Libya’s sovereign wealth fund is suing French bank Societe Generale…

Daily News Egypt

Climate change boosts conflict risk, floods, hunger: UN

The report is the second chapter of the fifth assessment by the…

Daily News Egypt

Budget deficit shrinks by 6% in 8M FY 2013/2014

From July to February, the budget gap marked EGP 123.6bn compared to…

Doaa Farid

Faisal Islamic Bank to participate in CBE housing initiative

Bank chairman meets prime minister to discuss industrial, urban and economic development…

Doaa Farid

TE expects mobile subscribers to approach 5m in the first year

The unified telecom licence is expected to be activated before 30 June

Sara Aggour

Egypt stocks continues to drop

Reuters - The Cairo bourse, which dropped 2.7% last Thursday after Sisi…

Daily News Egypt