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

China trade performance slumps

China has logged worse-than-expected trade figures for July, with both exports and…

Deutsche Welle

Al-Futtaim to build administrative offices worth EGP 700m for delivery in 2017

Al-Futtaim, the creators of Cairo Festival Citym may ask for a EGP…

Shaimaa Al-Aees

Why did power companies agree to local arbitration for cost-sharing agreement but refuse it for power-purchase contracts?

Minister of Electricity Mohamed Shaker's recent remarks against power companies have incensed…

Mohamed Farag

14.4% more jetties built in Damietta port in the first half of 2016

22% increase in the volume of cargo transported through the port from…

Mohamed Alaa El-Din

The Economist’s biased reports will not affect IMF deal: economists

Al-Sisi has gone “beret in hand” to the IMF for a $12bn…

Shaimaa Al-Aees

EGP 60m in investments allocated for road development projects in Giza

Total investment cost for road projects in Minya governorate amounts to EGP…

Daily News Egypt

Repayment period for gas shipments, petroleum products increased to 3 months from arrival: El-Molla

All concluded products with foreign companies were modified in order to provide…

Mohamed Adel

GDR ratios not to exceed free-floating shares, MCDR to monitor

MCDR is closing the door for GDR transfers to Edita, OTMT, GTH,…

Mohamed Ahmed

Banque du Caire enhances its role in social responsibility in 2015: El-Nahas

The bank launched numerous humanitarian initiatives, most importantly the charity convoys that…

Hossam Mounir