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

NIB drops suits against electricity companies before Economic Court

Negotiations with government agencies to schedule EGP 200bn during current year, says…

Daily News Egypt

Increase in cleaning fees on electricity bills in July

The government is planning to increase the value of cleaning fees, and…

Daily News Egypt

Six companies supplying wind turbine parts to Zafarana wind farm

List includes Siemens, Vestas, Golden Group

Mohamed Farag

Empower aims to sell energy to factories on IPP scheme: Elgamal

Company sold electricity produced from waste plants with 900,000 kW/h capacity for…

Mohamed Farag

CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

Hossam Mounir

Beta Egypt delivers Beta Greens project in Hadayek October

Company targets achieving EGP 1.2bn sales in 2019

Shaimaa Al-Aees

Lafarge Egypt invests EGP 200m to provide alternative source of energy

Company to negotiate with investors to implement projects to generate solar energy…

Nehal Samir

MNHD achieves 14.6% Y-o-Y growth in consolidated revenues in 2018

Madinet Nasr Housing and Development (MNHD), an urban developer in Egypt, has…

Daily News Egypt

Yields on Egypt’s T-Bonds down by 0.65-0.89%

Interest rates, accepted by finance ministry, on 3-year bonds fall between 16.4-16.58%,…

Hossam Mounir

CanCham negotiates official gold refining organisations to operate in Egypt

Trade exchange between Canada and Egypt hopfully to reach $1.5bn at end…

Hagar Omran