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

No ceiling for acquiring Suez Canal investment certificates

A source close to the project stated that Dar Al-Hanadasah is the…

Sara Aggour

Shift in Suez Canal financing comes under scrutiny

Investment certificates expected to encourage investors with higher-than-average interest rates

Sara Aggour

Fuel shortage is the real reason behind the power outages: EGYPTERA head

Daily News Egypt sits down with Hafez El-Salmawy, head of the Egyptian…

Daily News Egypt

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