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

Poor technical conditions in power stations worsen due to outages and wasted fuel: EGAS official

Petroleum ministry supplies fuel to electricity worth approximately $72m per day

Mohamed Adel

Electricity loads increase 8% annually, cause outages: Former electricity minister

Ahmed Emam says that fuel supplies to power station annually decrease by…

Doaa Farid

Ministry of Investment suggests allowing HOTAC to offer bonds

Government is working to repair public sector companies’ financial structures that suffer…

Mohamed Ayyad

International foreign reserves increase by $99m

Egypt to repay $0.5bn to Qatar in October; it is “ready to…

Sara Aggour

Technica hopes to gain 37 client companies in Egypt by year-end

Company’s sales director said his company is optimistic about the political and…

Abdel Razek Al-Shuwekhi

Suez Canal certificates on sale for second day

The CBE has so far issued 7m investment certificates out of the…

Mohamed Ayyad

INFI eyes 25% rise in sales by year-end

Food and beverage company turns loss into profit through reaching new markets

Abdel Razek Al-Shuwekhi

Egypt needs $12bn in next 5 years to address electricity crisis: Al-Sisi

Power stations need $700m worth of fuel supplies per year

Doaa Farid

Government SMEs company Board of Trustees to be announced before month’s end: Al-Araby

The board of trustees will be responsible to form mother company, its…

Sara Aggour

Egypt’s competitiveness deteriorates for 5th consecutive year

Country takes 119th position out of 144 countries

Sara Aggour