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

Safety of power-generating wind turbines questioned

In the past four weeks, four giant power-generating wind turbines in Germany…

Deutsche Welle

Media Production City negotiates with AOI to establish solar power plant worth EGP 17m

Sources in Media Production City said that they are currently studying AOI’s…

Mohamed Farag

Alibaba sues vendors over counterfeiting

Chinese e-commerce giant Alibaba has filed lawsuits against two vendors for allegedly…

Deutsche Welle

Hilton, Movenpick, IDBE, October for Real Estate Development submit requests to end tax disputes

Government sources said that the Ministry of Finance is preparing to hold…

Ahmed Farahat

Operation, maintenance for electricity plants to cost EGP 11bn in 2017: Electricity Ministry

Electricity Ministry collects EGP 7bn in bills revenues, awaits EGP 4bn from…

Mohamed Farag

Net foreign exchange reserves increase to $24.265bn: CBE

This means that the CBE has neared its target of foreign exchange…

Daily News Egypt

Apple deletes New York Times apps in China

As part of a heavy-handed crackdown on foreign media, Apple has complied…

Deutsche Welle

Deutsche settles another of its myriad lawsuits

Germany's biggest lender, Deutsche Bank, has agreed to pay a fine of…

Deutsche Welle

Bazaars turn to tombs on the backs of price hikes and the tourism crisis

30% of owners permanently closed their shops, 50% closed down temporarily

Aisha Zidane

Pickalbatros buys 50,000 sqm in Fifth Settlement to establish a hotel

Company working to complete Beach Albatros Marsa Alam, with investments of EGP…

Aisha Zidane