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

Eni to increase Zohr field gas production to 2bn cubic feet per day by end of 2019

From 2037, gas production will gradually decline down to 1bn feet per…

Mohamed Adel

The new Greek reform package explained

Greek lawmakers have voted to overhaul the country's tax and pension systems.…

Deutsche Welle

How the design of computers evolved over 75 years

In May 1941, 75 years ago, the world's first computer was released:…

Deutsche Welle

Saudi Arabia creates energy mega-ministry to implement Vision 2030 plan

The new department will oversee half of the kingdom's economic output as…

Deutsche Welle

Civil society and government cooperate to support MSMEs

High interest rates are main obstacle for MSMEs in Egypt, says HDB chairperson

Fatma Ahmed

World Bank loan contingent on parliament’s approval of VAT: ministry source

Lack of funding and experience are main obstacles for SMEs, says minster…

Fatma Ahmed

Stella Di Mare 2 project achieves 20% sales in two months

Remco targets a net profit of EGP 1bn for the Stella Di…

Shaimaa Al-Aees

EBA, Housing Ministry plan meeting to discuss real estate investment in Egypt

Partnerships between the government and private sector developers remains inadequate, says EBA…

Daily News Egypt

Registration problems impede mortgage growth

30% growth in mortgage is still not enough, says EFSA chairperson

Fatma Ahmed

14,500 road accidents in 2015, 63.3% attributed to human error: CAPMAS

Transport Ministry estimates the cost of traffic accidents at about EGP 17bn…

Hossam Mounir