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

High car sales expected after activation of price control committee, interest rate cuts: experts

The committee also organises supervisory campaigns nationwide, in coordination with various concerned…

Zamzam Mostafa

EgyptERA approves special power consumption calculation mechanism for metreless telecommunications towers

Estimated consumption is 3,500 kWh per month for single towers, 6,500 for…

Mohamed Farag

FEB allocates EGP 18.5m to develop two schools in Helwan

Federation adopted initiative to develop informal housing areas in Cairo and Giza

Hossam Mounir

IKEA opens new store in Mall of Arabia

Company eyes launching new store in Alexandria

Shaimaa Al-Aees

Pharaonic Petroleum starts digging new wells with $280m investments in FY 2019/20

Linking Katameya gas field to production in Q2 of 2020, says Abbady

Mohamed Adel

Exporting file tops our priorities after discussing it with Egyptian President: PepsiCo Egypt

Company’s annual spending on potato needs records EGP 2bn, says Shelbaya

Omar Abdel Hamid

Yields on T-Bonds lose 0.85-1.38% after CBE’s interest rate cut

Banks cut interest rates amid noticeable reservation so as not to affect…

Hossam Mounir

ValU, Revolta launch electric car recharge cards finance service

We will start deploying new ValU outlets in all Revolta stations, says…

Farouk Halbawi

Egypt to implement seven new projects with AFD

French agency to lend Ministry of Transportation €140m, according to sources

Hagar Omran