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

Samsung halts sales of Galaxy Note 7 on battery problems

The world's biggest mobile phonemaker has announced it will stop selling its…

Deutsche Welle

US car market boom faltering

The US automobile sector is struggling to maintain sales momentum, with most…

Deutsche Welle

Rocket explosion is blow to SpaceX, Facebook and others

After a thunderous explosion rocked SpaceX's main launch pad in Florida, destroying…

Deutsche Welle

IMF chief Lagarde warns against ‘low-growth trap’

Issuing a stark warning ahead of this year's G20 summit, the head…

Deutsche Welle

Decline in revenues and guest satisfaction in Sharm El-Sheikh and Hurghada hotels: Colliers International

Customer satisfaction declines in Sharm El-Sheikh; increases in Cairo, Alexandria

Adel M. Fakhry

Germany’s sole economics Nobel laureate dies

Economist and mathematician Reinhard Selten, who made a tremendous contribution to the…

Deutsche Welle

Egypt seeks development of new industrial complex

New complex part of ministry’s vision to establish specialised industrial complexes, linking…

Adel M. Fakhry

Forbes Middle East announces top 100 real estate companies

Market is undergoing a transformation from high-end luxury buyers to the middle-class…

Adel M. Fakhry

Minister of International Cooperation discusses future plans with Canada

Egypt committed to improve cooperation between both countries, says Nasr

Adel M. Fakhry

Chinese finance institutions immerse into Egypt’s economy, pump dollars into market

86 Chinese companies have invested more than $1.1bn in the Suez Canal…

Shaimaa Al-Aees