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

39% Decline in car sales in January

Locally manufactured cars decline by 42.5% with predictions of continued decline in…

Ahmed Amer

Gazprom makes concessions to settle EU antitrust probe

The Russian gas giant has agreed to a set of commitments to…

Deutsche Welle

DNE News Brief: 13 March 2017

https://youtu.be/W0-DBvCV90Y

Daily News Egypt

Intel to buy driverless tech firm Mobileye

US chipmaker Intel has announced it will buy Israeli tech company Mobileye.…

Deutsche Welle

Bank Audi Egypt signs MOU with European Investment Bank for $30m loan

Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end…

Hossam Mounir

Restructuring of Ministry of Industry aims at reducing bureaucracy: Kabil

The ministry will reduce its agencies and institutions to 25 in the…

Hisham Salah

EGP 14bn total TE revenues for FY 2016 

EGP 2.7bn total profits with 10.9% decline compared to last year

Daily News Egypt

Nasr meets investors, World Bank delegation to discuss economic atmosphere

A workshop with World Bank to discuss the implemented procedures of development,…

Hisham Salah

PAS to invest $80m in 2017

Company revenues amounted to $170m in 2016, profits to $42m

Mohamed Farag