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

Egypt received $1bn from IFC in 2013: MENA general manager

The IFC funded private sector projects in various fields including infrastructure, energy,…

Abdel Razek Al-Shuwekhi

ITIDA signs cooperation protocol with International Finance Corporation: Communications minister

Information Technology Industry Development Agency signed protocol with IFC to strengthen workers’…

Abdel Razek Al-Shuwekhi

11 ministries to provide new Suez Canal project labour

A high-level committee will determine the technical and managerial labour required for…

Doaa Farid

EGP 15bn investment goal for Suez Canal project telecomms sector: Communications Minister

Communications Minister Atef Helmy anticipates investments in the telecommunications and information technology…

Abdel Razek Al-Shuwekhi

Tourism minister denies offering Egyptian citizenship for sale to foreign investors

Hisham Zaazou says that if security, judicial and economic authorities approved the…

Doaa Farid

3.7% rise in public sector employees in FY 2013/2014: CAPMAS

Number of employees working for government reached 5.752 million, according to the…

Daily News Egypt

China and Israel present alternatives to Suez Canal

China to lead the Silk Road project and take part in Israeli…

Daily News Egypt

Mehleb charges 3 ministries, Central Bank with studying Suez Canal project funding: Finance Minister

Ibrahim Mehleb charges Finance, Investment, and Planning ministries with studying mechanisms to…

Abdel Razek Al-Shuwekhi

Qalaa Holding sees EGP 8bn capital increase

Company records 46% surge in gross profit year-on-year, report says

Daily News Egypt

13.3% unemployment during Q2 2014: CAPMAS

Work force inches by 0.01% compared to preceding quarter, says statistics agency

Sara Aggour