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

Oil price plummeting relieves pressure on Egypt’s budget

Recent geopolitical events have sparked key role in decreased prices

Ahmed Lamloum

5th edition of Egypt Automotive to start 4 December under auspices of Prime Minister

Ministries of Trade, Industry, Public Enterprise Sector, SCZone will participate in event

Daily News Egypt

Arrears owed to petroleum ministry to be paid within 5 years: electricity minister

Finance Ministry will not subsidise electricity prices after FY 2021/22, will financially…

Mohamed Farag

German robot maker Kuka's CEO to be replaced by Chinese owners

Nearly two years after a hostile Chinese takeover, Kuka's Chief Executive Till…

Deutsche Welle

ICT sector grows by 16% in Q1 of FY 2018/19, minister says

Ministry will provide new government services next year through five outlets

Mohamed Fawzy

Shell Egypt sponsors Egyptian rally driver ‘Yara Shalaby’

Company will launch informational media campaigns about Yara, provide her with technical…

Daily News Egypt

Scenarios after Tax Cuts on European Cars

Egypt and the EU signed an agreement on 25 June 2001 in…

Mohamed Al-Roubi

Egypt’s 2019/20 budget targets 6.5% GDP growth, 10.9% inflation  

Plan requires increasing investment to about 25%, reducing unemployment gradually to 8%,…

Daily News Egypt

Sharm El Sheikh to host Africa Forum 2018 with 3,000 participants in December 

Event aims to achieve greater regional, investment integration among countries of continent

Shaimaa Al-Aees