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

CBE signs 18bn yuan bilateral currency swap agreement with Chinese central bank

The agreement will lead to a decline in demand on the dollar…

Hossam Mounir

Egypt, Slovenia sign 3 business cooperation agreements

Trade volume between Egypt and Slovenia amounted to €161m in 2015, says…

Shaimaa Al-Aees

Eni to complete 24% of gas treatment plant in October 2017

Six wells in Shorouk concession will be linked to production at the…

Mohamed Adel

KEH considers injecting investment worth $1bn into Egypt

The company plans to establish a multi-service city with a residential complex,…

Mohamed Ayyad

Trade balance deficit down by 27.1% in September: CAPMAS

The trade balance deficit dropped by 27.1% in September 2016 to EGP…

Hossam Mounir

Egypt’s foreign exchange reserves likely to decline by $3bn in mid-December

On 17 December, Egypt must pay $3bn for bonds issued on global…

Hossam Mounir

Egypt to receive $3.5m donation for solar energy projects from UNDP

Minister of International Cooperation Sahar Nasr and Minister of Trade and Industry…

Hisham Salah

Egypt needs 4.4m sqm of hospitals, 2.7m sqm of clinic spaces by 2025

Egypt's demand for property allocated to healthcare by 2025 stands at 4.4m…

Shaimaa Al-Aees

CI Capital promotes offer for Obourland on stock exchange in 5 global markets

The markets include the US, England, South Africa, Saudi Arabia, and Emirates—Dubai…

Mohamed Ahmed

Car prices set records a month after flotation

Price increases swept across the automotive industry in November, with 162 models…

Ahmed Amer