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

Internet market attracts 1.3m new customers in July

USB modem users decline, while usage of mobile internet rises

Mohamed Alaa El-Din

Consequences of rainfall caused by government’s ‘extreme negligence’, not developing infrastructure: expert

Like last year, rainfall across Egypt’s governorates has caused another crisis, killing…

Hisham Salah

275 ships transit Suez Canal in 6 days carrying 15.2m tonnes

Suez Canal traffic data showed that 275 ships transited the canal, with…

Mohamed Ahmed

Infinity Solar Systems to establish renewable energy plants to produce 133 MW in second FIT phase

Infinity Solar Systems is preparing to establish four projects to produce energy…

Mohamed Farag

Supply Ministry pumps sugar into consumer complexes, grocery stores to control market prices

Panic among citizens caused the crisis, which is mitigating: Supply Ministry

Mohamed Ayyad

Egypt’s exchange rate crisis must be addressed: IMF managing director

Social protection is a cornerstone of the IMF programme, any cuts in…

Mohamed Samir

Chamber of Food Industries protests police raids on food factories, confiscation of sugar

The chamber rejects the prime minister’s decision to set profit margins, says…

Mohamed Samir

DNE News Brief: 27 October 2016

https://youtu.be/YV3qbWP4Jek

Daily News Egypt

Arqaam Capital forecasts 16% increase for Elsewedy Electric’s gross profits by 2019

Elsewedy Electric’s net profits increased by 99.2% in the second quarter of…

Mohamed Samir

Dollar crisis and low FDI are the major challenges facing Egypt’s economy: Garhy

Egypt loses EGP 36bn annually due to the smuggling of textiles

Daily News Egypt