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

Careem, Sarwa Capital contract to provide car purchase programs for drivers

The ride-hailing company Careem has announced signing an agreement with Sarwa Capital,…

Daily News Egypt

Feasibility study for establishing industrial complex to produce solar cells

Cost of 7 factories on 3.5m sqm amounts to $2.3bn

Mohamed Farag

Penalty will be imposed for delay in paying electricity bills

The electricity distribution companies intend to impose a fine on late bills,…

Daily News Egypt

Siemens to add 1,200 MW from New Administrative Capital plant to national grid

Siemens plans to add 1,200 MW to the national grid next month…

Mohamed Farag

AT Lease considers expansion as company lists 24% of its shares

Company eyes new investment opportunities in different sectors

Elsayed Solyman

EGP 49bn increase in loans for SMEs in 1 year: CBE deputy governor

CBE met NBG officials to identify bank strategy, no formal request yet…

Hossam Mounir

Egypt, Rosatom sign $21.3bn contract to establish Dabaa nuclear reactors: Shaker

The price of nuclear power is 80 piastres per million thermal units

Mohamed Farag

Approvals of issuing shares amounted to 4,044 during first 10 months of 2017: FRA

These rates are expected to increase in 2018 on economic reform, governmental…

Noha Abd ElRahman

Afreximbank provides total of $17.5bn credit facilitates to Egypt since 90s

No single African country exports more than 1% to Egypt, says Awani

Shaimaa Al-Aees