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

Toshiba turns corner after accounting scandal

Japanese electronics company Toshiba has said it's swung to a profit in…

Deutsche Welle

South Korean president issues pardons to lift the economy

The South Korean president has granted pardons to thousands of people who'd…

Deutsche Welle

German economy logs moderate growth

While losing some of its previous momentum, the German economy is still…

Deutsche Welle

Value of 1st IMF tranche not determined yet: Finance Minister

Value of 1st tranche to be determined during coming 4 to 6…

Ahmed Farahat

EU probes Dow-DuPont merger

A planned mega-merger between two of the oldest companies in the United…

Deutsche Welle

ARCO Egypt launches 1st phase of Citystars Al Sahel at EGP 2bn cost

CityStars Al Sahel’s total investments to reach EGP 11bn, to be completed…

Shaimaa Al-Aees

EFG Hermes revenues up 10% y-o-y

Increase due to higher fee, commission income, rising contributions from leasing business,…

Daily News Egypt

Alibaba Q1 revenues jump 59 percent, stocks soar

Shares in the Chinese e-commerce giant Alibaba jumped more than 5 percent…

Deutsche Welle

Siemens’ 1st HRSG modules to arrive in Egypt mid September

NEM to deliver 24 HRSGs to power plants in Beni Suef, Burullus,…

Shaimaa Al-Aees

Finance Ministry chooses Dechert to offer US dollar bonds abroad

7 global law firms submitted bids, says government source

Ahmed Farahat