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

Dana Gas to pump additional $350m in Egypt until 2018

Gas output to increase by 170mn cubic feet per day by 2017

Dahlia Kholaif

Al-Suwaidan to inject $6bn in logistics centre, commercial city: Economic Summit

Emirati company Al-Suwaidan intends to pump investments worth $6bn in a logistics…

Daily News Egypt

Khalifa Fund activates development loan agreement to Egypt

A loan agreement between the Khalifa Fund for Enterprise Development, the Egyptian…

Daily News Egypt

Cooperation Ministry, IDB, sign fund agreement: Economic Summit

The Ministry of International Cooperation has signed a funding agreement with the…

Daily News Egypt

4 Egyptian, GCC companies compete for Gamasha Gulf project: Economic Advisor

Four Egyptian and GCC companies are competing to acquire the Gamasha Gulf…

Abdel Razek Al-Shuwekhi

Orders from Emir of Kuwait to immediately deposit $2bn at CBE: Kuwaiti Finance Minister

Kuwaiti Minister of Finance Anas Khalid Al-Saleh said that he received orders…

Mohamed Ayyad

Focus on major projects is not the way to build an economy: TAG-Org founder

Talks are currently being held with ICT Ministry to host first privately-owned…

Menna Samir

Egypt raises $19.3bn on Summit’s 1st day

Total announced deposits from several GCC countries in the CBE valued at…

Shaimaa Al-Aees

Government pays 40% of foreigners’ dues

Decrease of Brent price lowers companies’ investments in Egypt

Mohamed Adel

Housing Ministry signs $4bn South Marina development agreement

Ministry relies on marketing for various investment opportunities in the Summit

Mohamed Ayyad