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 and IDB unit to launch $120m SME fund for Arab states

Reuters - The European Bank for Reconstruction and Development and the private…

Daily News Egypt

Nile Delta natural gas well starts production

Field is part of the Disouq natural gas project in northern Egypt,…

Doaa Farid

Tourism authority allocates land for EGP 3bn tourism projects

Egyptian government to study the revision of Law 14, which addresses development…

Sara Aggour

Interim President Mansour suggests Egypt could revive privatisation

Reuters - Egypt's Interim president suggested on Wednesday the biggest Arab nation was…

Daily News Egypt

Committee to determine ministries’ coal monitoring responsibilities

Egyptian ministers seeking to maximise the reliance on RDF and agriculture waste,…

Sara Aggour

Ministries to invest EGP 15m in updating GAFI’s IT infrastructure

Two-year agreement aimed at developing investment services

Doaa Farid

Egypt’s debt to foreign oil firms up at $5.7bn

Reuters - Egypt's debts to foreign oil companies operating in the country rose…

Daily News Egypt

CBE keeps interest rates on hold for third consecutive time

Bank says decision aims to balance increasing annual inflation rates, sluggish economic…

Doaa Farid

OCI hit by poor Mid East conditions but sees better 2014

Reuters - Dutch-listed construction and chemicals company OCI NV missed earnings forecasts…

Daily News Egypt

Armed forces allocates EGP 1bn to upgrade 31 hospitals

Hospitals suffering from “deterioration in their performance”, health minister says

Doaa Farid