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

Orascom Construction, Siemens to rebuild 1.6GW power plants in Iraq

Noteworthy, Orascom Construction added 12GW of power capacity as an EPC contractor…

Daily News Egypt

UNWTO suggests establishing tourism Committee under African Union, to discuss tourism issues in Africa

Organisation named Egypt's ‘People To People’ campaign video as best promotional movie…

Nehal Samir

Egypt, US signs EGP 280m in basic education, agriculture grant agreements

‘We supported Egypt with EGP1.2bn in couple of months’, says Carlin

Hagar Omran

Electricity consumption falls to 4bn scf/day of gas as weather cools

A source at the Egyptian Natural Gas Holding Company told Daily News…

Mohamed Adel

Invest in Africa’ Forum to explore new horizons shaping a better future for Africans: Al-Sisi

African countries taking strenuous steps to achieve sustainable and inclusive development under…

Hagar Omran

EU development cooperation with Egypt records €1.1bn annually

Ministry of Industry, Trade will start 2nd phase of TDEMP by 2021,…

Shaimaa Al-Aees

Solar power investors to pay EGP 700m from cost-sharing agreement settlement with EETC

Remaining sums most likely to be paid on instalments, according to industry…

Mohamed Farag

Banks reduce NPLs allocations by EGP 2.95bn in June 2019

Reserves declined to EGP 236.06bn end-June, compared to EGP 238.89bn end-May

Hossam Mounir

Household sector accounts for 80.4% of total bank deposits

It accounts for 83.6% of total deposits in local currency, 68.7% in…

Hossam Mounir

EBI’s role goes beyond training employees in banking sector: Nossier

Institute started offering more developed training courses to support financial inclusion, says…

Hossam Mounir