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

DNE News Brief: 15 January 2017

https://youtu.be/lbgwEX2IM24

Daily News Egypt

Ministry of Industry and Trade to negotiate Egypt-EAEU free trade

The final ratification of the Mercosur agreement will be done soon, says…

Daily News Egypt

Redcon sells 50% of administrative project ‘Blue Capital’ to ABB for EGP 150m 

Negotiations with an Egyptian pharmaceuticals company to buy the remaining share of…

Ahmed Samir

Nissan Sunny most sold car in Egypt during 2016

Nissan Sunny has become the most selling car in 2016, taking the…

Daily News Egypt

NREA to pay dues of 8 companies withdrawn from feed-in tariff within weeks

The list includes First Solar, Gestamp, Lekela Power, Building Energy, GDF

Mohamed Farag

Finance Minister announces terms of IMF loan agreement

Agreement includes passing bankruptcy law, and canceling fuel subsidies in 3-5 years

Ahmed Farahat

Egypt must achieve 7% growth rate to keep up with population growth: Meit

Increase of petroleum prices, liberalisation of exchange rate, and increase of supply…

Abdel Razek Al-Shuwekhi

EFCBC urges banks to review position of companies wishing to obtain letters of guarantee 

Daker Abdellah, member of the board of directors of the Egyptian Federation…

Hossam Mounir

Gheit El-Enab sells electricity to government for EGP 21,000 a month

Infinity Solar Systems established two solar power plants at a cost of…

Mohamed Farag