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

April trade deficit up 52.7% YOY

Egypt recorded trade balance deficit of EGP 24.60bn in April 2015, says…

Menna Samir

Suez Cement net profit down 61.8% YOY in 1H of 2015

Company’s Q2 net profit registers EGP 60.9m

Doaa Farid

EGAS completes technical, financial evaluation of tenders for second gasification ship

Additional shipments will be pumped to the grid in October, says Abdel…

Mohamed Adel

GASC offers international tender to purchase 60,000 tonnes of wheat

The offers should be submitted on a Free On Board (FOB) basis…

Shaimaa Al-Aees

CBE to resume issuing dollar sale tenders to banks Tuesday

Stability of US dollar rate against Egyptian pound stands between EGP 7.78…

Hossam Mounir

Metropolitan Consulting conducts EGP 170m defaulting client settlement in Q1 of 2015: Chairman

Company’s total loans provided for its clients amounted to EGP 300m, says…

Hossam Mounir

Eni discovers natural gas reserves in Nile Delta

The Italian company, Eni, discovered natural gas reserves at the Nouras exploratory…

Daily News Egypt

Egypt is poorer than other Arab Spring countries: Global Finance report

Egypt ranks 109th globally in world's wealthiest/poorest countries list, with GDP per…

Menna Samir

Second international bid to supply 45 LNG shipments until end of 2016

Deadline for receiving offers from companies is end of July, says EGAS…

Mohamed Adel

Specialised ministerial units to follow up on projects funded through grants and loans: PM

The units aim at removing any obstacles that prevent the execution of…

Mohamed Ayyad