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

Air Berlin scans horizon for a savior

Investors in Germany's second-largest carrier, Air Berlin, are meeting in London to…

Deutsche Welle

EMG aims to inaugurate $300m cement plant

Company obtained prospectus documents, finalizes studies

Mohamed Farag

Afreximbank signs loan to Banque Misr worth $200m next week

The African Export-Import Bank’s (Afreximbank) board of directors approved granting a loan…

El Husseiny Hassan

“Fawry” facilitates donations for hospitals and NGOs 

“Fawry,” the Egyptian Market electronic payment company, has continued their role of…

Daily News Egypt

Uber boss Kalanick steps down for a while

The ride-sharing company has come under increasing fire over sexual harassment allegations…

Deutsche Welle

Fed rate hike expected on Wednesday

The US Federal Reserve is starting a two-day review of its monetary…

Deutsche Welle

EFG-Hermes explores new opportunities in Africa

The company wants to enter Nigerian and Kenyan markets in 2017

Elsayed Solyman

Siemens considers establishing training centre in SCZone, developing transport sector

Egypt is open to all investments and keen to benefit from German…

Mohamed Ayyad

Trade balance deficit dropped 43.1% in March: CAPMAS

Exports amount to $2.16bn, imports at $4.67bn, deficit down to $2.51bn

Hossam Mounir

Finance Ministry plans to expand tax segments on cigarettes to more than EGP 30

A trend to impose EGP 1.125 on luxurious and medium cigarettes

Ahmed Farahat