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

15 richest men in Egypt worth over $23bn: Egypt Business Directory

Sawiris, Mansour and Sewedy family make a strong showing on list

Sara Aggour

Russian tourism market requires study to attract new groups: Chair of Egyptian Tourism Federation

Russia forms one of the largest tourism markets for Egypt in recent…

Abdel Razek Al-Shuwekhi

Increase in Suez Canal revenues and shares’ return expected in two years: El-Araby

An increase in revenue from the Suez Canal project and its shares…

Sara Aggour

Tahya Masr Fund open to donations from Ahmez Ezz, other Mubarak-era businessmen: Fund board member

Tahya Masr (Long Live Egypt) Fund would be open to donations from…

Doaa Farid

Negotiations with Russian importers ongoing: APEC chairman

Minister of Industry and Foreign Trade to visit Russia in September

Sara Aggour

Government falls behind on repayment schedule for foreign oil companies

New due payment schedule yet to be determined; government offers bid for…

Mohamed Adel

Government to import gas at $17 per million BTUs due to poor domestic gas production

EGAS seeks to encourage foreign partners to produce gas from Egyptian fields,…

Mohamed Adel

Egypt drafting law to protect facilities, criminalises attacks on water and electricity: PM

Government drafts document obliging Toshka development companies to finish within 3 years…

Mohamed Ayyad

CIRF, Rasmala Securities halt technical evaluations of companies bidding to manage Egypt Post portfolio

Six qualifying companies for tender include HC, Prime, Hermes and Alpha

Daily News Egypt

Egypt concludes foreign fundraising for Assiut power station with $55m OPEC loan

OPEC’s latest loan brings the total amount of fund provided by the…

Doaa Farid