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

EFG Hermes completes oversubscribed 1st close on Egypt Education Fund with total commitments of $119m

Education sector in Egypt in dire need of major investments…we expect to…

Daily News Egypt

Total governmental investments during Q1 of current FY amounted to EGP 27.4bn: Al-Saeed

Largest share of public investments went for infrastructure development, says minister of…

Daily News Egypt

Country must reconsider gas consumption system, utilise it on large scale in industry: El-Gabaly

Ministry plans to raise industrial products’ growth rates to 8% by 2020,…

Shaimaa Al-Aees

EGPC pays $4 per million BTUs for gas produced from Zohr field

Agreement to pump entire production of field to local market, but in…

Mohamed Adel

JICA dispatches Egyptian delegation to Japan to exchange experience on early childhood development

Project was launched in 2016 by President Sisi in Japan aiming to…

Daily News Egypt

We seek to issue T-bonds, T-bills with long terms ranging from 10-30 years: Moeit

High Federal Reserve’s interest rate raises cost of converting maturity of Egyptian…

Abdel Razek Al-Shuwekhi

Warnings of Egypt’s postponement of some measures agreed upon with IMF

Measures include determining fuel pricing mechanism, say sources

Hagar Omran

EgyptERA’s board formation delays meetings on electricity price hikes

All consumption segments to see increases in prices at variable rates by…

Mohamed Farag

CBE unlikely to extend initiative to settle bad debts

Weak turnout by defaulters, 6 months enough for those who want to…

Hossam Mounir

Cityscape Egypt holds business breakfast to discuss investment future in Egypt

Event will be on 14 January for debate, discourse, information exchange to…

Daily News Egypt