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

WDEPC to pay JPY 327m to Mitsubishi next week

Company lost EGP 9.8bn due to exchange rate difference after flotation

Mohamed Farag

EGP 14 increase on ration cards per citizen in Ramadan

Government supports 71 million citizens with 21 million cards worth EGP 21…

Mohamed Ayyad

Indian tycoon Mallya ‘guilty of contempt’

Indebted liquor baron Vijay Mallya has been found guilty of contempt by…

Deutsche Welle

32% increase in chemical exports during Q1 2017

Egypt’s exports of inorganic chemicals decreased by 6%, reaching $59.5m, says CFC

Shaimaa Al-Aees

CBE obliges banks to not deal with more than 7 exchange bureaus

Banks and companies granted 4-month transition period to adjust, says Negm

Hossam Mounir

South Korea’s election to upend business as usual?

Voters in one of Asia's largest economies are demanding big changes. For…

Deutsche Welle

Gemini wind farm goes online off Dutch coast

The Netherlands has opened the world's second largest offshore wind farm, with…

Deutsche Welle

German trade grows massively in March

Europe's economic powerhouse has reported its best ever month for imports and…

Deutsche Welle

GE seeks to participate in Egypt’s 2030 Development Vision through digital solutions

I met with some officials from the Egyptian Electricity Holding Company and…

Automotive market lost 46.5% of its sales during Q1 of 2017

Domestic product sales declined 45.8%, while import sales declined 47%

Ahmed Amer