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

Daily gas production up by 1.5bn scf/day: Petroleum Ministry

The Ministry of Petroleum announced that the total daily added production of…

Mohamed Farag

Google invests in Alibaba rival JD.com

US internet behemoth Google has announced it's investing half a billion dollars…

Deutsche Welle

As US, UK ‘retail apocalypse’ deepens, EU chains grow nervous

The amount of US retail space lost in 2018 is expected to…

Deutsche Welle

25-30% increase in real estate prices after fuel price hikes

Member of the board of directors of the Egyptian Federation for Construction…

Shaimaa Al-Aees

Government reduces fuel subsides by 16-66%, raises gasoline 92 to EGP 6.75

The Egyptian authorities decided to go ahead with hikes to subsidised government-set…

Mohamed Samir

IBM Appoints Wael Abdoush as Country General Manager for IBM Egypt

IBM today announced the appointment of Wael Abdoush as Country General Manager,…

Daily News Egypt

Drowning in debt — Barbados’ predicament offers a warning for small island nations

Barbados has been struggling with weak economic growth over the past decade,…

Deutsche Welle

Egypt targets increasing Zohr gas production to 1.75bn scf/day by August: El-Molla

Egypt is targeting increasing the production capacity of its mega gas field…

Mohamed Samir

No clear incentives for Egypt’s MFIs to transform from NGOs into for-profit companies: IFC

2.5bn people in developing countries have little or no access to formal…

Shaimaa Al-Aees

Egypt amends some provisions of listing, delisting rules for EGX

The board of directors of the Financial Regulatory Authority (FRA) issued a…

Daily News Egypt