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

Administrative matters behind delays in Suez Canal certificates issuing: Finance Ministry

Government has yet to announce official date for investment certificates

Sara Aggour

Saudi-based CPC buys Qalaa’s Sphinx Glass for EGP 1.3bn

Qalaa Holdings sells Sphinx Glass in line with its framework to abandon…

Doaa Farid

80% majority of Egypt’s natural gas production goes to power plants: Petroleum ministry report

Power plants currently receive 80% of Egypt’s natural gas production, equivalent to…

Mohamed Adel

Government studying means to increase citizens’ cash allowance for rations: Supply minister

Ministry of Supply to put forward proposal to allow for an increase…

Mohamed Ayyad

Tahya Masr donations yet to exceed EGP 5bn: Fund board member

Salah Diab says board of directors are still reviewing how the fund…

Doaa Farid

Federation of Egyptian Industries chambers reject monetary donations to ‘Billion EGP Initiative’

Economy in need of industrial projects – donation initiatives are just “a…

Daily News Egypt

Industry ministry issues decision to form committee dairy product safety and quality system

System to be implemented tracking all steps from farm to final product…

Daily News Egypt

Finance ministry yet to impose property tax on petroleum companies: Adviser

Public petroleum establishments will be exempted, while private companies will be subject…

Doaa Farid

Slum growth, electricity and water shortages are ‘enemies’ to fight: PM

Government counts on Suez Canal, Golden Triangle, and northwestern Sahel projects to…

Mohamed Ayyad

Power crisis threatens industrial sector

Daily reduction of 725m cubic feet of gas at factories; gas supply…

Mohamed Adel