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

ITIDA selects Borg El-Arab, Assiut to establish innovation centres outside Cairo

The establishment of the two innovation centres will cost EGP 100m

Mohamed Alaa El-Din

Payfort partners with Shopify to empower MENA’s startups

Online payment service provider Payfort partnered with commerce platform Shopify to help…

Daily News Egypt

Polish consortium considering establishment of industrial area at SCZone

Polish government delegation to visit the region before the end of July,…

Ahmed Adly

German investors worry about Brexit

Investor confidence in Germany has hit its lowest level in nearly four…

Deutsche Welle

Europeans shop for convenience as e-payments skyrocket

Europeans ‘touched to pay’ three billion times in the last 12 months,…

Nicholas Mehling

Wadi Degla Developments increases total sales worth to EGP 5bn in 2016

Wadi Degla has its sights set on the New Administrative Capital while…

Shaimaa Al-Aees

Generic drug competition hits Novartis sales

The Swiss pharmaceutical giant Novartis has said its net profit slipped 3…

Deutsche Welle

Motorcycle, bicycle prices rise by 20%, following devaluation of Egyptian pound

Prices of motorcycles and bicycles rose by 20%, due to the increase…

Ahmed Eid

Car prices continue their journey towards record highs

A new wave of price hikes took place in July for 153…

Ahmed Amer