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

Egypt strikes deal with Chinese company to fund 1m Acres Project infrastructure: Ministry of Housing

Facilities of the One Thousand Factory Project completed, temporary licenses are being…

Mohamed Ayyad

Egypt, Sudan to launch new collaborative agricultural projects

Ministry of Agriculture assembly approves activating role of Egyptian-Sudanese Agricultural Integration Company

Menan Khater

CBE fixes US dollar, ambiguity remains over 2 previous increases

US dollar stabilises at EGP 7.7301 after it rose 20 piasters in…

Hossam Mounir

Amer Group establishes company in Dubai to handle projects: Investor relations manager

Company’s capital stands at AED 1,000, divided into 10 shares with a…

Doaa Farid

Omega Soft, Suez Canal Authority negotiate to supply financial, administrative solutions

Company will grant licences and solutions for Applied Systems free of charge…

Shaimaa Al-Aees

EGAS, Rosneft negotiate technical, financial details for 24 LNG shipments

The Egyptian Natural Gas Holding Company (EGAS) and Russian government-owned Rosneft are…

Mohamed Adel

Al-Abbar requests reduction in administrative capital project share to 20%

Sources say Housing Ministry may approve request on condition investors commit to…

Daily News Egypt

Metawee Group invests EGP 750m in new ‘Blue Blue’ project

Project is located in Ain Sokhna and covers 121,000 sqm

Daily News Egypt

IMF projects slower growth in emerging markets

Growth in emerging markets and developing countries will reach 4.2% in 2015,…

Menna Samir

$422.9m Arab Bank Group’s net profit in first half of 2015

Loans and advances grew to reach $24.1bn, compared to $23.7bn on 30…

Daily News Egypt