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

EGP 426m invested in Beta Greens housing project

Beta Egypt for Urban Housing develops housing for middle-income citizens

Shaimaa Al-Aees

Electricity Ministry postpones receiving smart meter tenders to mid-August

19 institutions are competing to provide the smart meters including Huawei, ZTE,…

Mohamed Farag

Brexit will not negatively affect Egypt, UK trade relations: Donaldson

Current trade relations between Egypt and the UK will not worsen, but…

Adel M. Fakhry

Dabaa nuclear plant final contract to be completed

A misplaced comma in the contract may cause crisis, says Minister of…

Mohamed Farag

Facebook is Egypt’s most ‘positively’ perceived brand for second year running: YouGov BrandIndex

YouGov’s market research found, through interviews, that technological giants like Facebook, Google,…

Adel M. Fakhry

Industrial sector accounts for 32.6% of credit facilities in April: CBE

The industrial sector accounted for 32.6% of the total credit facilities granted…

Hossam Mounir

Supply Ministry purchases 300,000 tonnes of Russian, Romanian wheat

The Ministry of Supply has announced the purchase of 300,000 tonnes of…

Daily News Egypt

Did Al-Sisi reject the EGP devaluation during his last meeting with Amer?

Unofficial market and analysts increase pressure on CBE’s governor

Hossam Mounir

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir