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

IMF suggests cash transfers to improve subsidies targeting

Egypt needs adequate mitigation measures, gradual price increases, and better public communication

Daily News Egypt

Committee to curb international arbitration against Egypt: PM

Government seeking to settle some 22 investment disputes against Egypt pending before…

Mohamed Ayyad

Settlement for Bianco factory reached after company pays fine, fees for licence amendment

The Industrial Development Authority (IDA) has begun settlement proceedings for a factory…

Abdel Qader Ramadan

20.7% decrease in tourist arrivals during May: CAPMAS

Foreign tourists arrivals not expected to increase during the current year, Chairman…

Sara Aggour

1,300 MW addition to electricity grid in August may not end power outages: Energy expert

Energy expert Mohamed El-Sobky says if natural gas supplies to power stations…

Doaa Farid

Egypt to offer investment opportunities in Italy

The Minister of Investment is consulting with the Italian ambassador to increase…

Mohamed Ayyad

Petroleum companies operating in Egypt have reduced gas production: Ministry report

Delayed payment of debts to foreign partners threatens Egyptian gas production, says…

Mohamed Adel

Tourism companies launch campaign to promote Hajj: Egyptian Travel Agents Assocation

Association launches advertising campaign on four television channels to promote coming Hajj…

Abdel Razek Al-Shuwekhi

Red Sea tourism rises after Germany lifts travel warning: Hotels chamber

Hotel occupancies rose to 80% in Hurghada and 35% in Sharm El-Sheikh…

Abdel Razek Al-Shuwekhi