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

GE, Schneider Electric to implement 4 power control centres in Egypt

The winning companies will implement the main control system and develop communication…

Mohamed Farag

Saudi Fas Energy plans to launch $300m WtE projects in Egypt

New plants to be implemented over five phases; the first costs $60m

Mohamed Farag

Egypt’s Electricity Minister to witness cornerstone laying of Tanzania’s Roveji dam

Project to output 2.1GW, implemented by Arab Contractors, El Sewedy Electric

Mohamed Farag

World’s largest solar park goes online

EETC to pay EGP 700m for produced energy

Mohamed Farag

IMKAN allocated 166-feddan land plot by Ministry of Housing in New Cairo

The agreement marks the first instance of implementing the new mechanism set…

Shaimaa Al-Aees

NBE finances first phase of Roxy hydraulic parking garage by EGP 162m

Transportation projects among NBE’s top funded sectors, says NBE’s Sherif Riad

Hossam Mounir

Danish tourists arrivals to Egypt to continue increasing by end-2019: Anker

Egypt very popular country to visit, says Danish ambassador

Hagar Omran

AFD expected to finance Alexandria tramway by €100m: French ambassador

Egypt’s Transport Minister calls on French companies to increase their investments

Hagar Omran

Wintershall Dea aims to increase its investments in Egypt: Mario Mehren

Company produces 40,000 barrels of crude oil per day, says company’s CEO

Mohamed Adel