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

Autonomous cars to trend in 2018: Hyundai 

Autonomous cars—vehicles without human drivers—are expected to become a major trend in…

Daily News Egypt

2nd Egyptian Automotive Dealers Association conference discusses future of auto sector

We want integrated city with system of ownership, not usufruct, says Abu-Al…

Ahmed Amer

Approximately €200m construction cost of  Alexandria West Wastewater Treatment Plant: EIB

EIB has long list of interesting projects under appraisal in transport, energy,…

Shaimaa Al-Aees

1,202 factories were opened in 2017 with investments of EGP 27bn

Industry sector saw issuing of Industrial Licenses Law, launching the industrial investment…

Daily News Egypt

128% growth in properties listed on Propertyfinder website

The value of listed properties on the site exceeded EGP 193bn in…

Shaimaa Al-Aees

Qalaa Holding logs EGP 311.7m losses in Q3 on high interest expenses

Company revenues up 38% on account of strong growth from energy subsidiaries 

Elsayed Solyman

Custom dollar exchange rate fixed for January

Finance ministry said rate will be steady at 16 pounds

Daily News Egypt

New partnership between Shell Egypt, Al-Mansour Automotive

Al-Mansour Automotive—official distributor of Chevrolet and Opel vehicles in Egypt—signed a partnership…

Mohamed Aboul-Fotouh

Property price hikes revive participatory construction initiatives

In the last two years, a number of initiatives have been launched…

Shaimaa Al-Aees

SEA-ME-WE 3 marine cable to go back online on 9 January 2018

The South East Asia–Middle East–Western Europe 3 (SEA-ME-WE 3) cable system between…

Daily News Egypt