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 plans to issue eurobonds before end of FY 2017/2018

Foreign investments in T-bills reached $19.8bn at end of last week, says…

Nevine Kamel

Al-Sisi attends inauguration of giant Zohr gas field’s first phase

Demarcation of boundaries in Eastern Mediterranean with Cyprus contributed to completion of…

Mohamed Farag

40% social media penetration in Egypt

The number of internet users who visit or have social media accounts…

Daily News Egypt

Polish company launches 1st dairy production complex in Egypt worth EGP 1.5bn 

Production of first phase to begin by end-2018, says minister

Shaimaa Al-Aees

EALB studying granting EGP 3bn for various economic institutions’ activities

Bank contributed EGP 175m in joint loan granted to Memaar Al Morshedy 

Hossam Mounir

Juhayna 2017 profits soar 268% as sales accelerate

Company’s revenues climbed to EGP 6.06bn versus EGP 4.9bn in 2016

Elsayed Solyman

NUCA, HDBEG join forces to introduce City Edge Developments

Mostafa Madbouly, minister of housing, utilities, and urban development, attended the launch…

Daily News Egypt

German government ups 2018 economic outlook

After years of continued growth and increasing domestic demand, the German government…

Deutsche Welle

Global smartphone sales register $478.7bn in 2017

$41.5bn worth of smartphones sold in Middle East, Africa 

Daily News Egypt

China world’s top smartphone consumer in 2017

176.5m phones shipped to Middle East, Africa 

Daily News Egypt