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

Dabaa nuclear plant contracts on Al-Sisi’s desk next week

Government agreed with Russia on depleted fuel stores, technical support contracts

Mohamed Farag

Finance Ministry prohibits exporting leather before inspection by GOEIC

The decision aims to regulate the export of leather and prevent manipulation…

Daily News Egypt

15 contracts ratified for investing in the SCZone: worth nearly EGP 1bn

Companies include Siemens, Mediterranean Fertilizers Company and El Mahaba for Packaging and…

Mohamed Ayyad

Elmenus closes Series A funding round with USD 1.5m from Algebra Ventures

Prior to the Algebra investment, Elmenus had raised only $60,000 in outside…

Elsayed Solyman

Inflation likely to resume rally if government delivers on next round of austerity measures

Research houses expects prices to shoot up again with applying subsidy cuts…

Elsayed Solyman

Increase in stamp and tax collections in next budget: government source

Recent increases reduce the budget deficit and contribute to the control of…

Mohamed Ayyad

Endowments Authority aims to increase revenues to EGP 1.5bn in FY 2017/2018

The ministry studies to establish service, recreational, and commercial projects, says Abdel…

Aisha Zidane

Investment Ministry, AmCham cooperate to promote Egyptian economy to American financial community

We are working on finalising the comprehensive investment map for Egypt, says…

Daily News Egypt

Finance Ministry considers increasing cigarette prices by EGP 0.5-2

We have submitted a proposal to increase the tax on imported hookah…

Ahmed Farahat