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

High Council for Cyber-Security reviews developments in WannaCry ransomware case

The council discussed the proposed cyber-security strategy to be submitted to the…

Mohamed Alaa El-Din

Agreement with head of Silk Road Fund to enhance investments to activate joint Egyptian Chinese projects

Agreement to increase incubators for entrepreneurs, develop skills of young people in…

Shaimaa Raafat

MNHD profits amount to EGP 407.2m in Q1 2017

Company reported consolidated revenues of EGP 751.7m, up 263% y-o-y

Daily News Egypt

EFG-Hermes reports strong Q1 profits of EGP 236m

201% y-o-y increase in profits was driven by a 106% rise in…

Daily News Egypt

Sahar Nasr visits Chinese CFLD to discuss New Administrative Capital project

Negotiations have reached their final phase, signing contracts will happen soon, first…

Daily News Egypt

Official unemployment rate drops to 12% in Q1 2017

5.302 million people work in agriculture and fishing, equivalent to 20.7% of…

Hossam Mounir

Greek economy slides back into recession

A first-quarter estimate by statisticians has suggested the Greek economy has slipped…

Deutsche Welle

Visa, FEDCOC launch first Egypt Card Security Week 

Week-long consumer education campaign is to promote safe online shopping habits and…

Daily News Egypt

Displaced Manshiat Nasr residents call on government to provide alternative housing 

For the third day in a row, Manshiat Nasr residents are demonstrating…

Shaimaa Al-Aees