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

EEHC contracts with Doosan Group to supply turbine, generators to Assiut power plant for $61.6m

The Egyptian Electricity Holding Company (EEHC) signed a contract with Doosan Group…

Mohamed Farag

Real estate stakeholders affected by Egyptian pound flotation: JLL 

The rapid devaluation of the Egyptian pound has led to uncertainty and…

Reem Hosam El-din

Parliamentary Health Committee agrees to hold meetings on development of small medical units

The Doctors Syndicate has objected to the offering of small medical units…

Abdel Razek Al-Shuwekhi

NTI agrees with ETIT to locally manufacture tracking devices

The National Telecommunications Institute (NTI) and the Egyptian Company for Tracking and…

Daily News Egypt

Supreme Council for Investment approves establishment of National Council for Payments

The council will work to pivot Egypt towards a cashless community, says…

Mohamed Ayyad

Finance Ministry fixes value of customs US dollar at EGP 18.5 until end of February

The Ministry of Finance decided to maintain the price of the US…

Ahmed Farahat

Increased car prices boost sales volume of Chinese cars

Sales of 12,000 Chinese cars; Ghabbour Auto acquires 96.8%

Ahmed Amer

Biggest listed tobacco company in the making

British American Tobacco has said it's acquiring US rival Reynolds to form…

Deutsche Welle

Decline in automotive spare parts sales 

Sales of spare parts for cars fell by about 50% over the…

Imad Hamdi

Future of Egypt’s automotive market is uncertain: merchants

50% decline in sales over the past three months, says Magdy

Ahmed Dawoud