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

EFG Hermes acquires Pakistani brokerage Invest and Finance Securities, inaugurates Pakistan office  

Pakistan has become a very exciting market recently, with compelling long-term growth…

Daily News Egypt

Orascom Construction reports 21.7% net income increase in Q1

OC’s BESIX Group contributes greatly to Orascom’s net income

Reem Hosam El-din

Interest rate hike aims to help build up international reserves: Arqaam Capital

IMF welcomed the step, saying it aims at the welfare of the…

Elsayed Solyman

30 companies ask for compensation for price differences in contracts with Electricity Ministry

Ministry is considering compensating companies by 10-30% of contracts’ value despite losses…

Mohamed Farag

Raising interest on the pound is for the benefit of all: CBE governor

The CBE does not consider specific entities when making decisions, Amer said…

Hossam Mounir

Oil markets hope for OPEC production cut

OPEC ministers will assemble in Vienna this week to discuss an extension…

Deutsche Welle

German economy going from strength to strength

A raft of fresh economic data from Germany is showing that businesses…

Deutsche Welle

Our investments amount to EGP 50m, says Nawara

We contracted with Honeywell to use Bendix trademark in Egypt and North…

Ahmed Amer

Noble shares tank after default warning

Shares in the once-powerful Hong Kong-based commodities trader have lost a third…

Deutsche Welle

European automotive market experiencing huge suffering in 4 year

The sales of European cars declined to their lowest pace in four…

Mohamed Ramadan