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

Kabil issues resolution imposing EGP 12,000 fee per tonne of exported fish for 4 months

The resolution aims to prioritize the local market needs, says Kabil

Daily News Egypt

Abu Auf invests EGP 50m in 2017

Company targets sales of EGP 500m, up by 42%

Selim Hassan

Almamlka Foods negotiates with agriculture ministry to buy soybean and maize crops from 2,000 feddans

Company to establish oil extraction plant with Algerian and Moroccan companies for…

Imad Hamdi

Hero Food Industries set to enter US market in May for first time

Export target for the US is $10m, says managing director

Omar Abdel Hamid

Samsung posts biggest quarterly profit since 2013

South Korean tech giant Samsung has reported its best quarterly net profit…

Deutsche Welle

Misr Cafe’s exports amounted to $20m in 2016

Company allocates EGP 150m to raise capacity for packaging lines by 50%…

Basma Tharwat

Saudi Arabia led tourist traffic to Egypt in 2016: Rashed

Arab tourists in 2016 amounted to 2 million, up from 1.7 million…

Daily News Egypt

Average night in Marsa Alam hotels costs $25: Shalaby

Flights should cost less than EGP 2,500-3,000 per person, as one family…

Abdel Razek Al-Shuwekhi

Deutsche Bank in huge profit jump

Deutsche Bank has surprised investors with a hefty surge in earnings in…

Deutsche Welle

All Inclusive packages are blamed for service quality decline: Mohsen

Tourists who can have all three meals and drinks at hotels will…

Abdel Razek Al-Shuwekhi