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

Daily increase of 100m cubic feet of gas production in Egypt

Deficit in fuel for electricity and gas equivalents now stands at 4m…

Mohamed Adel

Government seeking EGP 24bn in tax arrears

The government is aiming to collect EGP 24bn from the total tax…

Sara Aggour

2% growth in construction sector: Gleeds Construction Consultancy

Sector growth remains despite rise in prices of cement, concrete and steel

Daily News Egypt

Orascom Development Holding registers first profit since 2010

The Swiss hotel operator is expecting an improvement in the hotel performance…

Doaa Farid

Mehleb given partial presidential jurisdiction

Prime minister is now freely allowed to act upon state’s properties, expropriate…

Daily News Egypt

Mohandes Insurance offers insurance policy worth EGP 50m for Suez Canal workers

By Fahd Omran Engineer Mohamed Ahmed Lotfy, chairman of the Board of…

Daily News Egypt

Suez Canal development project studies to begin next week: Dar Al-Handasah official

Studies will include data collection and objective setting, director of operations at…

Sara Aggour

Government allows private sector participation in renewable energy production: Electricity minister

Ministry of electricity seeks to address the electricity crisis by diversifying production…

Mohamed Ayyad

Development of 26 slum areas over past 3 years resulted in EGP 1.5bn expenditure: Housing Ministry official

Expenditures for the development of 26 slum neighbourhoods over the past three…

Abdel Razek Al-Shuwekhi

European Union to fund € 10m development of 4 slum areas in Greater Cairo: James Moran

EU plans to provide €10m to develop services for 4 slum areas…

Abdel Razek Al-Shuwekhi