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

Egypt has paid $1.2bn of its foreign debts

$750m to foreign oil companies, $533m for Saudi dues 

Mohamed Ayyad

Egytrans reports EGP 111m revenues, EGP 20m net profit in Q1 2017

The company has reported continued growth despite challenging macroeconomic backdrop and resultant…

Reem Hosam El-din

Nasr discusses suggestions on Investment Law with stakeholders

Private Free Zone’s investments amounted to $11.5bn, says Rashid

Shaimaa Al-Aees

Wages account for 55% of health financial allocations in next budget

The allocations include EGP 10.3bn for investments, EGP 4.1bn for subsidies, and…

Mostafa Fahmy

EGP 683.07bn total outstanding balances of local treasury bonds until late May 2017: El-Garhy

$14bn foreign bonds, including $10bn issued during the past 10 months

Hossam Mounir

Australia ties record of 26 years without recession

Australia's economy recorded just enough growth last quarter to match the Netherlands'…

Deutsche Welle

Government approves EGP 45bn social security package

The government's package is much lower than inflation rates and does not…

Mohamed Ayyad

Egypt’s budget ambitious with broad challenges

Despite the reforms, EGP 370bn will be added to the public debt…

Mohamed Ayyad

WUZZUF launches its Internships programme for Summer 2017

WUZZUF, the recruitment website in Egypt, has announced the launch of their…

Daily News Egypt