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

Government debt to GDP in Egypt declines to 91% in Q1 of 2019 y-o-y: IIF

The state’s household debt to the GDP slightly decreased to 7.2% in…

Daily News Egypt

Transport Minister meets US Chargé d’Affaires in Cairo on improving transport sector

Officials of the ministry and the head of Egyptian National Railways also…

Daily News Egypt

Electricity Ministry to launch solar projects under auction scheme in Zaafarana

The New and Renewable Energy Authority (NREA) has restored the land plots…

Mohamed Farag

Foreign investments in Egyptian T-bills up by EGP 10.8bn in May 2019

Foreign investment in T-Bills reached about $11bn before 25 January 2011, but…

Hossam Mounir

Egypt’s GDP growth shifting from historical consumption drivers to investment, net exports: WB

Egypt’s GDP grew robustly by 5.3% in FY 2017/18 compared to 4.2%…

Hagar Omran

EGPC forecasted net profit fell to EGP 21.4bn in FY 2019/20, down 30%

Profit targets were set based on minimum oil, gas production, say sources

Madbouly meets AmCham Executive Vice President in Cairo

Al-Sisi also receives Brilliant on promoting bilateral economic cooperation

Daily News Egypt

Secon launches Bleu Vert with EGP 10bn investments

Project is residential compound comprised of 2,000 residential units, says sales head

Shaimaa Al-Aees

OUD targets EGP 300m sales at its first summer exhibition in 2019

Elzayat explained that the company is offering a variety of projects in…

Shaimaa Al-Aees

ARDIC launches new phase of Zizinia El Mostakbal with EGP 1bn investments

Compound to be the first delivered project in Mostakbal City by 2020

Shaimaa Al-Aees