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

NAT assigns Egyptian-Japanese coalition to oversee phase 1 of 4th metro line

Japanese company Nippon Quoi is leading the coalition which will carry out…

Mohamed Alaa El-Din

ONtv signs contracts with Amr Adib, gives advertising rights to PromoMedia

The agreement was signed by Abou Hashima, chairperson of Al-Masryeen Media and…

Mohamed Ayyad

Ministry of Electricity owes Siemens €350m for maintenance, power plant upgrades

  German company Siemens has maintained and upgraded a number of production…

Mohamed Farag

Increase of US dollar exchange rate supports chances of exporting MCV buses: Ghabbour

The group is targeting to export 150 hybrid buses to London this…

Ahmed Amer

Egypt set to be regional leader in engine repair, cementing relationship with GE: VP

EgyptAir and GE sign agreement for maintenance, repair, and overhaul consulting services…

Nicholas Mehling

21st Euromoney Conference to open in Egypt on 19 September

  This year’s Euromoney Conference will be held in Egypt from 19…

Daily News Egypt

EFG Hermes assigns new CEO to finance division

The development process will be accelerated in the finance division’s new projects,…

Daily News Egypt

International pressure builds on Egypt to liberalise exchange rate

A floating exchange rate is likely in Egypt’s future due to pressure…

Nicholas Mehling

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees

Up to 50% of metro carriages are locally manufactured: Trade and Industry Minister

SEMAF delivered 11 air conditioned stainless steel metro carriages for the ERA

Shaimaa Al-Aees