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

Tourism Ministry warns projects less than 10% completed must adhere to construction timetable

167 projects have not stuck with the implementation timetable, representing 18% of…

Al-Juwisry in negotiating with Housing Ministry to launch real estate projects

The group will invest $800m into different projects through self-financing

Shaimaa Al-Aees

Economic reforms are weak and insufficient: 3 former ministers

The blurry monetary policy is an obstacle to economic growth, and development…

Mohamed Ayyad

Egyptian administration needs a 21st century mentality to achieve progress: Moussa

Egypt has suffered from mismanagement since the monarchy and until the rule…

Mohamed Ayyad

Suez Canal Authority plans to establish shipyard to build, repair ships in Port Said

The new shipyard will not be limited to ship repair and shipbuilding—like…

Mohamed Ahmed

Cleopatra Hospital puts 40m shares at EGP 8.75 to 11.88 per share

One to the financial institutions and individual investors, and investors with expertise…

Mohamed Ahmed

Balances in savings accounts increased by 21.3% in FY 2014/2015: CAPMAS

Balances in postal savings funds reached EGP 169.6bn in FY 2014/2015, compared…

Hossam Mounir

Shell, BG to receive part of $3.2bn dues in June

The debt is promised to be fully repaid by the end of…

Mohamed Adel

Juhayna targets producing 30% of its own daily needs by end of 2018

The company aims to increase production by five times, to 250 tonnes,…

Mohamed Ayyad

Final contract for Dabaa nuclear plant to be concluded next month: official

Minister of electricity's visit to Moscow solved sticking points in the agreement,…

Mohamed Farag