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

More social housing units for youth in 6th of October City

 Officials from the 6th of October City council have been assigned to…

Daily News Egypt

$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE

The figures compare to a surplus of $2.2bn during the same period…

Shaimaa Raafat

International coalition to promote New Suez Canal opening: Mamish

The Suez Canal Authority signed a memorandum of understanding (MoU) with two…

Daily News Egypt

Orascom, Siemens construct 2 power plants

Contract value for 4,800 MW power plant is €2bn

Daily News Egypt

Emaar sets share price at EGP 3.5-EGP 4.25

Around 15% will be offered publicly, remaining 85% will be offered privately…

Daily News Egypt

12 new United Bank branches in 18 months: Mohamed Ashmawi

United Bank branches will increase to 62, to cover all the governorates

Daily News Egypt

CIB receives 5 international awards in 1H of 2015

There are abundant opportunities across Egyptian market, says Chairman

Daily News Egypt

Egypt seeks export increase to African countries over next 3 years

Egyptian imports from these countries amounted to approximately $810m during 2013, compared…

Shaimaa Al-Aees

EGP 44bn tax revenue increase by end of April

Budget deficit increased to EGP 230.9bn from July 2014 to April 2015…

Rana Yehia

Government to oblige desert land reclaimers to take part in utilities’ cost

GARPAD gives one month to violators that changed activity from agricultural to…

Mohamed Ayyad