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

GE shows willingness to participate in renewable energy plants: Cabinet

Ongoing consultations with international energy partners in the US and China to…

Mohamed Ayyad

External debt rises to $46.1bn at end of June 2014

Ratio of external debt to GDP registers 16.4% compared to 17.3% YoY,…

Sara Aggour

35% expected savings in petroleum subsidies due to low oil prices: Petroleum minister

Consultations to take place with Iraq to receive Iraqi oil, negotiations will…

Mohamed Ayyad

Gas supplies to cement plants permanently stopped, fuel oil sent instead: EGAS

Operating Helwan, Al-Qawmeya, and Al-Katameya plants only due to their link to…

Mohamed Adel

Real estate companies offer new diverse offers to attract clients to face recession

Some of small- and medium-sized real estate companies tended towards providing gifts…

Shaimaa Al-Aees

Qatari Diar invests in Egypt with 2 major tourist projects

Qatari Diar is considered one of the foremost real estate Gulf investors…

Hend El-Behary

Heliopolis Developers Group launches Korba Heights second phase worth EGP 150m

“We are planning tourism real estate projects in Ain Sokhna, projects include…

Mohamed Ayyad

Business sector unready for privatisation, restructuring to take place: Investment minister

Investment ministry hopes to restructure business sector in preparation for tender operations…

Abdel Razek Al-Shuwekhi

Government to launch 4-year investment, development programme at Economic Summit: Mehleb

New investment law gives legal authority to GAFI to approve and facilitate…

Mohamed Ayyad