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

Government considers doubling bread subsidy points to reduce consumption 

Citizens will receive 20 piastres instead of 10 on every unbought loaf

Daily News Egypt

New gas projects to double Egypt’s production in 2020: Petroleum Minister

New refining projects over the coming 4 years will bridge the gap…

Mohamed Ayyad

Trade balance deficit dropped 52% in April: CAPMAS

Exports grew by 8.5%, imports down to $3.9bn 

Daily News Egypt

Solar electrification project inaugurated in Matruh with Indian support

The governor of Marsa Matrouh, Alaa Abu Zeid, and the Indian ambassador…

Daily News Egypt

Payment of compensation for construction companies in August: deputy housing minister

Prolongation of the disbursement period will not solve the crisis, as there…

Shaimaa Al-Aees

Race for Cyprus gas and oil sparks tensions in the Mediterranean

After years of fiscal gloom, Cyprus’ government is pressing ahead with its…

Deutsche Welle

Decaying infrastructure taking a toll on America

America's infrastructure is in a state of crisis. Roads and train lines…

Deutsche Welle

Nile Real Estate targets EGP 35m sales of first phase of Nile Park

The Nile Park’s first phase includes 24 units, with a 10% down…

Shaimaa Al-Aees