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 to announce new electricity prices within days

EGP 1.14 per kW/h for LV consumers, EGP 0.75 for UHV consumers

Mohamed Farag

US dollar continues decline below EGP 17 for first time in two years: CBE

The average price of US dollar in banks reached EGP 16.99 for…

Daily News Egypt

Talaat Mostafa Group: Egypt’s leading real estate developer

In 2018 TMG achieved EGP 1.7bn in profits, followed by MNHD with…

Daily News Egypt

Polish minister pops 'what if' question over US gas plans 

Some EU states believe US gas exports are good but those of…

Deutsche Welle

US dollar hits EGP 16.99 mark for first time since March 2017

The average dollar price on Wednesday recorded EGP 17.01 to buy and…

Hossam Mounir

Khartoum’s political unrest casts shadow over Egypt-Sudan electrical interconnection

A delegation from Sudan was supposed to visit Egypt and start the…

Mohamed Farag

Egypt’s unemployment rate drops to 8.1% in Q1 of 2019: CAPMAS

Unemployed individuals reached 2.267 million, with 2.5% decline compared to Q4 of…

Hossam Mounir

EFG Hermes concludes advisory on Finablr’s £337m IPO on London Stock Exchange

Finablr is a global platform for payments and foreign exchange solutions, with…

Daily News Egypt

IMF mission praises Egypt’s tourism structural reform programme

During the meeting, Al-Mashat highlighted the importance of the tourism sector for…

Daily News Egypt

Beltone raises Domty’s FV to EGP 14.8, maintains buy rating on back of buoyant sandwich business

Beltone estimate that non-cheese revenue to grow by 61%, with Domty’s cheese…

Daily News Egypt