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

Amusement parks, poultry farms receive electricity at EGP 0.19, 0.17 per KW hour: Ministry official

Head of Central Performance Supervision at Electricity Ministry criticises high electricity subsidies…

Abdel Razek Al-Shuwekhi

Government bodies owe Petroleum Authority EGP 163bn

Several government agencies have stopped paying for fuel products they are receiving…

Mohamed Adel

Government fails to abide by payment schedule with foreign partners

The government is the reason behind the continued inability of the petroleum…

Mohamed Adel

Foreign partners demand government repays dues before increasing investments

Foreign companies operating in the oil sector have linked increasing their investments…

Mohamed Adel

EGPC guarantees loan with naphtha, crude oil revenues from Ras Gharib

Total dues owed to foreign partners in the petroleum sector currently stand…

Mohamed Adel

Dues to foreign companies increase by $300m

Dues to foreign companies operating in the oil sector have increased by…

Daily News Egypt

Petroleum agreements stipulate interest on the government’s dues to its partners

All petroleum agreements stipulate an interest on dues owed by the government…

Mohamed Adel

Government reduces gas to plants to solve power crisis

590m cubic feet of gas reduction for fertiliser and cement

Mohamed Adel

Tourism companies demand widening Sharm El-Sheikh-Cairo road: ETAA Transport Committee chairman

The Egyptian Travel Agents Association requests that Sharm El-Sheikh—Cairo road be expanded…

Abdel Razek Al-Shuwekhi

Electricity ministry aims to attract private sector investment for Inga dam

A connection will be made between the Congolese and Egyptian dam, says…

Sara Aggour