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

Oil prices hit $67 per barrel, driven by production cuts

OPEC seeks extending production cuts until April’s meeting

Mohamed Adel

Acwa Power to finalise 3 projects worth $200m in Benban end-June

Company awaiting cabinet’s approval for 500MW wind project, says Hassan Amin

Hagar Omran

Egypt shares to extend rally as investors expected to capitalize on cheap valuations

EGX30 to move between 15000pts and 15500pts in a heavy trade amid…

Daily News Egypt

Limited response from banks to CBE’s decision to cut interest in first week

Banks move interest on variable yield certificates, others cut interest on deposits,…

Hossam Mounir

Visa’s fast-track programme empowers start-ups in region with access to visa net capabilities: Otto Williams

Visa’s fintech fast-track programme empowers start-ups in the region with access to…

Daily News Egypt

CSC aims to promote Egyptian-Saudi cooperation in Africa

New initiative comes in line with Egypt's presidency of African Union, says…

Hagar Omran

Owning 2014-2019 car model to exclude Egyptians from ration cards: Supply Minister

Minister of Supply and Internal Trading, Aly Meselhi, announced on Saturday that…

Daily News Egypt

EETC to increase investors’ cost shares in Benban project by 25% each

The Egyptian Electricity Transmission Company (EETC) intends to increase the cost share…

Mohamed Farag