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

Germany finances Egypt’s projects with €203m

An economic delegation accompanied Merkel to Cairo to discuss increasing German investments

Mohamed Ayyad

Finance Ministry proposes stamp tax on EGX transactions

Tax starts at 1.25‰ in the first year and will reach 1.75‰…

Mohamed Ayyad

EEHC contracts with Tractebel to evaluate offers on Hamrawein plant

The Belgian consultancy office will review the bids of seven global companies…

Mohamed Farag

Cabinet will constitute the Supreme Committee for the Revitalisation of Tourism

Comparative study to landing and taking off fees in Egypt to competing…

Ahmed Saad

Development cost of Sharm Dreams Holding hotels increase 35% due to flotation

Current bookings prevent tourism recovery in 2017 by 30% on average at…

Alia Stouhi

Tourism companies refuse Arab Orient Takaful Insurance offer

ETAA still has valid contracts with GIG and Egyptian Takaful Company

Blue Sky Travel brought 450,000 tourists in 2016, a drop of 20%

We hope 2017 will see better inflows compared to 2016, says El…

Cafco Food aims to export 2,500 tonnes of vegetables in 2017

Establishment of new factory postponed due to the high price of industrial…

Moamen Mounir

Sima Foods Industries aims to expand in India, Pakistan, Russia

Sima Foods Industries aims to increase exports by 35%, up from a…

Ahmed Sabry