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

Wadi-Food to exploit flotation, expand into African markets

40% increase in sales of the company during the last year, says…

Selim Hassan

Elmotawakel Dates Company is targeting sales worth EGP 16m in 2017

The company is planning to expand in Asian and European markets

Basma Ragab

Nestlé Egypt sees potential in African and Middle Eastern markets

Company targets EGP 1bn exports in 2017, with increase of 30%, says…

Selim Hassan

Slight growth in mobile users in December 

Etisalat lost 120,800 clients; Orange gained 107,100; Vodafone took lion's share

Mohamed Alaa El-Din

2017 poised to tough for Egyptian consumers: Arqaam Capital 

Inflation to reach 20-25% in FY17, driven by fuel subsidy cuts and…

Mohamed Samir

Russian-Egyptian cooperation in military and civil manufacturing

El-Assar, Nikitin discuss establishment of a number of projects in the pharmaceutical…

Hossam Mounir

Germany pledges $500m to support Egyptian economy

The support will come in the form of grants and concessional funds:…

Farida Ismail

CBE calls on banks to reconsider limits of credit they grant clients

CBE issues regulations to benefit from covering debts of companies resulting from…

Hossam Mounir

Increase of foreign exchange reserves at CBE, backed by gold in February

The value of gold included in the reserves increased by $170m to…

Hossam Mounir

A proposal to reduce stamp tax supports the cohesion of EGX

The Egyptian Exchange (EGX) indexes strengthened at the end of last week,…

Mahmoud Hashem