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

Successful VAT implementation would be triumph for government, tax authority

New committee to be established for selecting leadership positions, says deputy finance…

Mohamed Samir

Ministry of Industry and Trade to establish centre for issuing industrial licences

The Ministry of Industry and Trade will establish a major centre under…

Hisham Salah

Egypt cannot afford to postpone the IMF loan: expert

  During his meeting with the editors-in-chief of national newspapers on Friday,…

Hisham Salah

Porto Group launches ‘Money Back Porto’ programme to finance real estate project

Real estate unit prices range from EGP 450,000 to EGP 5.5m, says…

Shaimaa Al-Aees

FEI machinery and equipment division looks to hold annual exhibitions in Africa

The division targets $1bn worth of machinery exports to Africa in the…

Shaimaa Al-Aees

Egypt acquires 50% of lagoons in Middle East: Crystal Lagoons regional director

Contracts between Crystal Lagoons and Egyptian developers amount to $5bn, says Salas

Shaimaa Al-Aees

Siemens to start operation tests of Borollos power plant Tuesday

German company Siemens is set to start the trial operations of Borollos…

Mohamed Farag

State treasury receives EGP 24.92bn from CBE’s total profits in FY 2015/2016 ending in June

According to the CBE’s financial statements approved on 20 September, the bank's…

Hossam Mounir

How did the Communications Ministry manage to take the Egyptian market to 4G?

Companies are paying the value of the licences in cash, with a…

Karim Salah

Cairo maintains 5th place as top tourist destination in Middle East and Africa: MasterCard

Cairo registered a 1.5% growth rate in the number of international overnight…

Shaimaa Al-Aees