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

CAPMAS monitors 78% hike in long-term loans to economic bodies in FY 2016/17

Increase in revenues came mainly from energy sector due to rise in…

Daily News Egypt

Banque Misr manages, arranges 38 funding deals worth EGP 60.16bn in 2018

Bank ranks first among banks working in Egypt in terms of joint…

Daily News Egypt

NUCA develops 375 projects with EGP 5tn in four years

Ministry issued 115 ministerial approvals on new real estate projects, distributed over…

Shaimaa Al-Aees

LG Electronics increases investments up to $255m in Egypt

Company seeks to increase exports, enter new African markets: CEO

Hagar Omran

No date set yet for issuing Panda, Samurai-bonds issuance: Finance Ministry

The statement came following media reports that Egypt will offer around $2bn…

Mohamed Samir

NBE manages loans, grants worth €330m to fund EPAP, bank chairperson says

Bank signed 3 new agreements to fund Semadco, Emisal, AMOC with €25m…

Hossam Mounir

Utilities for Dabaa Nuclear Power Plant completed

Constructions of first 1,200 MW nuclear reactor will begin in July next…

Mohamed Farag

EMGF discusses unlocking region’s potential 

We aim to secure supply, demand, get competitive prices: source  

Mohamed Adel

Finding business use cases is prerequisite for building 5G network: Head of Ericsson Silicon Valley Experience Centre

Since October 2018, Verizon started to offer 5G fixed internet wireless access…

Mohamed Samir