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

NBE studies financial needs of East Port Said Industrial Zone

Delegation from bank visits area to discuss project’s required banking services, factories…

Hossam Mounir

Branded residences gain growing importance for foreign customers

Global market has 1.1m service units, says Real Estate Export Council

Shaimaa Al-Aees

Investing in branded residential serviced apartments will cater to foreign clients’ needs: developers

‘Coastal areas, business districts are most attractive locations for developing service apartments,’…

Shaimaa Al-Aees

Egypt postpones electricity interconnection with Sudan to March

The Egyptian Electricity Transmission Company (EETC) postponed the first phase of 100MW…

Mohamed Farag

Fiscal deficit falls to 9.8% of GDP in FY18 from 12.5% in FY16: OBG

IMF’s credit reduced government debt from 103% of GDP in FY 2016/17…

Daily News Egypt

Biologists use GPS-GSM technology to track Egyptian endangered vulture

As with many other raptors, death was linked to human activity

Ahmed Lamloum

Goldman Sachs forecasts stronger pound, Morgan Stanley foresees volatility

Although there is no immediate pressure on currency to weaken, yet uncertainty…

Mohamed Samir

Domestic gas consumption declined to 5.7bn cubic feet per day

Egypt exports 600m cf of gas per day through Idku, Jordan line,…

Mohamed Adel

Exporters propose solutions to boost new export stimulating programme

Egyptian exporters suggested some financial and technical mechanisms to settle the government’s…

Shaimaa Al-Aees

Housing Ministry studying alternative to expand mortgage finance system: Deputy Housing Minister

CBE’s mortgage finance initiative was not effective for most real estate companies,…

Shaimaa Al-Aees