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

World Bank to disburse 3rd part of loan this month

The Egyptian government will receive the third portion—worth $1bn—of the World Bank…

Ahmed Ismail

Wheat reserves at all-time high: Minister of Supply Ali Moselhy

Reserves adequate for 4.3 months, until end of April

Elsayed Solyman

CBE pays Afreximbank $2bn 

Foreign exchange reserves continue to rise, reached $36.723bn at end November 2017

Daily News Egypt

ASG, Dahua take part in Cairo ICT for 2nd year in a row

ASG announces opening of its factory with investments of EGP 80m under…

Mohamed Alaa El-Din

Sico Electronics plans to manufacture smart metres next year

We aim to increase local component of mobile phones to 72% in…

Daily News Egypt

Auto industry strategy to be issued early 2018

Parliament’s industrial committee expects the bill by the end of the month

Abdel Razek Al-Shuwekhi

MTI launches Range Rover Velar for EGP 2.1m

Aluminium structure, strong surfaces, 22-inch alloy wheels

Daily News Egypt

4th Egypt Automotive Summit explores investment opportunities in auto sector

Summit to discuss impact of joining BRICS, Mercosur trade blocs on future…

Daily News Egypt

McDonald’s opens its 100th branch in Egypt

Price of Big Mac meal in Washington DC 116% more expensive than…

Reem Hosam El-din