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

Suez Canal’s transfers to Egypt’s public budget reached its highest level ever in FY 2018/19

Canal's revenues increase by 40.4% in current FY recording EGP 104.2bn

Daily News Egypt

Number of 8 Egyptian tour operators likely to visit Indonesia in June

Numbers of Indonesian students in Egypt witness a significant increase, says ambassador

Hagar Omran

Edita signs loan contract with IFC for $20m

Operational phase of company’s new factory starts in Morocco in 2020

Alyaa Stohy

Scatec Solar finalises 50MW solar plant in Benban

Scatec Solar has completed the implementation of a 50MW solar power plant…

Mohamed Farag

Hapi Tours restructures, appoints new executive management team

Alaa Rady appointed as board member, Mohamed Mahmoud as CEO

Daily News Egypt

Government aims to cut fuel subsidies to 1.7% of GDP in FY 2018/19

Expenditures to improve public services this FY amounted to EGP 182bn, says…

Mohamed Adel

Egypt targets 6% GDP growth, reducing deficit to 7.2% in FY 2019/20: Moeit

Government plans to reduce public debt to less than 80% by end…

Daily News Egypt

Egypt begins construction of largest petrochemical complex in Middle East

Company seeks to consolidate its relationship with its customers during breakbulk Europe…

Mohamed Farag

EGYTRANS prepares to compete for petrochemical projects in Sokhna: Leheta

EGYTRANS seeks to consolidate its relationship with its customers during Breakbulk Europe…

Sherif Serag

“Our major advantage is diversified setup… we aren’t dependent on specific industry”: KML Chairperson

Company has several new projects, investments to improve quality of services offered…

Aya Nasr