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

GEM prepares for high-level international participation at opening ceremony

Japanese co-financed project to be complete by December, open end-January

Hagar Omran

Trump’s tax cuts have little impact on hiring in the US

Business economists from the United States have painted a bright picture for…

Deutsche Welle

Egypt ranks 167th in PwC’s Paying Taxes 2018 report

Egypt ranked 167th globally, out of 190 countries, according to the World…

Nehal Samir

High-profile delegation explores investment opportunities at Hapi conference

The Hapi investment conference, to be held on 29 April, aims to…

Daily News Egypt

Slight growth in ADSL users in January

The ADSL market acquired 129,500 new users in January this year, increasing…

Daily News Egypt

IHG signs two-hotel deal in Egypt with Arabia Hotels

InterContinental Hotels Group (IHG), announced the signing of a deal for two…

Daily News Egypt

Government looks to appoint consultant to study using surplus electricity for water desalination

The government is considering appointing a consultant to study the feasibility of…

Mohamed Farag

Libyan oil pipeline attacked by alleged IS fighters

A Libyan crude oil pipeline owned by the Waha Oil Company, which…

Mohamed Samir

NREA to begin withdrawing land granted for wind plants under feed-in tariff next week

NREA will withdraw 90 sqkm due to companies' failure to complete financial…

Mohamed Farag

IFC to invest almost $1bn to support Egypt’s private sector this FY

IFC’s investments in Egypt reach $2.9bn, including financing mobilised from other investors,…

Shaimaa Al-Aees