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

Egypt’s steel industry, stuck in a legal limbo

Eleiwa says that billet imports reached 1.59 million tonnes last year, El…

Nihal Mounir

NREA to launch tender for 20MW solar power plant in Hurghada in September

JICA to fund the project with $85m facilitated loan

Mohamed Farag

Visiting Egypt as a tourist in 2019

After an eight-year slump for tourism in Egypt largely due to safety…

Daily News Egypt

Poly Egypt to supply EGP 8m worth LED curbstone roadside pavements for New Capital

Company has EGP 18m contracts, aims to increase its exports

Mohamed Farag

EgyptERA sets grid fees for electricity producers, distributors via bilateral contracts

Fees reach 3.26 piasters per kw/h on ultra-high voltage, 8.43 piasters for…

Mohamed Farag

Electricity Ministry on alert for Eid al-Adha holiday

Ministry provides autonomous diesel-generator units to ensure stable service in coastal cities,…

Mohamed Farag

Power plants’ gas consumption to hike to 4.3bn scf/day in August

About 200m scf/day increase due to high temperature, says source

Mohamed Adel

Egypt’s net foreign reserves rose by $565m to $44.916bn end-July

According to the CBE, Egypt’s current net foreign reserves covers more than…

Hossam Mounir

Manufacturing of Sony’s Bravia TV commences in Egypt

As part of Sony’s strategic plans to broaden its presence and penetration…

Shaimaa Raafat

New Plan Developments to implement 20% of Serrano’s construction year-end

Company has marketed 90% of Serrano within eight months, says chairperson

Shaimaa Al-Aees