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

Banque du Caire to inject EGP 1bn across various economic sectors in 2017

Sectors include transportation, logistics, construction, industry, food, and commodities

Hossam Mounir

ECA refutes illegal broadcasting rumours

The Egyptian Competition Authority (ECA) dismissed rumours that it would approve the…

Hisham Salah

Inertia completes 1st phase of Veranda in Sahl Hasheesh on 60,000 sqm

Investments in Egypt amount to EGP 2.6bn, says El-Adawy

Daily News Egypt

EETC calls for 6 companies to compete over the establishment of 4 transformer stations worth $250m

The invited companies include, General Electric, Siemens, ABB, EGEMAC, Hyundai, and Hyosung

Mohamed Farag

Health Ministry moves to increase prices of some drugs against chronic diseases

List of medicines to be announced on Thursday, says spokesperson

Mohamed Ayyad

Bedaya Fund aims to acquire stakes in 2 companies for EGP 20m in Q1 2017

Bedaya Fund for Small- and Medium-Sized Enterprises (SMEs) aims to acquire stakes…

Mohamed Ahmed

KIMA pays Tecnomont EGP 1.3bn for planned Aswan expansion

Maher El-Abd, the head of investor relations in the Egyptian Chemical Industries…

Mohamed Ahmed

Dollar shortage crisis impacts Juhayna’s expansion agreement with Arla Foods

The worsening dollar crisis, which began in 2015 and resulted in the…

Mohamed Ahmed

Mubasher offers consulting for 3 deals worth EGP 150m

Mubasher Advisory for Securities is offering a package of financial consulting services…

Mohamed Ahmed