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

Telecom Egypt agrees to pay EGP 2.5bn for mobile licence

Reuters - Fixed line monopoly operator Telecom Egypt’s board of directors agreed…

Daily News Egypt

Palm Hills in talks over $342.m loan

Reuters - Egypt's Palm Hills said it is in talks with the…

Daily News Egypt

Petroleum ministry prepares bourse listing of new petrochemicals companies

By Muhammad Adel After amending the listing rules of companies in the…

Daily News Egypt

Ministry of Petroleum requests $4bn to import fuel for power plants

12 shipments of liquefied gas represent only 3% of one day summer’s…

Daily News Egypt

Sabahy aims to boost economy through job creation

The presidential hopeful’s economic plan relies on state budget, banks, and investors…

Sara Aggour

ECESR gains permit to appeal against investment law amendments

Centre cites previous rulings by the Constitutional Court and the Supreme Administrative…

Sara Aggour

Electricity ministry evaluates using solar energy to power outdoor ads

Street lighting accounts for 7% of country’s overall power usage, Minister of…

Doaa Farid

Suez Cement Company invests EGP 300m to convert plants to use coal power

The company is still waiting for final approval from the Ministry of…

Daily News Egypt

Ministry of Supply announces 30% reduction in food commodity prices over next 3 months

Ministry coordinating with armed forces to supply outlets with basic goods.

Daily News Egypt

Sinai land allocations to promote diversity of services: TDA Chairman

Tourism Development Authority considering opening up 10m metres to investors in South…

Daily News Egypt