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

MSCI achieves strong 4.7% increase in past week’s trading

MSCI index registered a remarkable increase of 4.7%, rising from 828.84 points…

Daily News Egypt

Gulf markets see all-round increases in past week’s trading

Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points,…

Daily News Egypt

New exchange rates drive up Egypt Duty Free revenues by 13.7% despite tourism slump

Egypt Duty Free’s activity is influenced greatly by the movement of foreign…

Mohamed Ahmed

InterCairo Aluminum to float 30% of shares in EGX during December

InterCairo Aluminum Industry awaits approval from the Egyptian Exchange to begin the…

Mohamed Ahmed

13,900 foreign workers in private, investment sectors in Egypt in 2015: CAPMAS

The manufacturing business obtains the majority of these foreign workers

Hossam Mounir

Foreign investors conclude project agreements on EGP 12-13 dollar rate

Foreign companies seeking to invest in Egypt traded based on prices that…

Mohamed Ahmed

Minister of Communications, Information Technology to meet with electronics manufacturing companies

The companies may ask for customs exemptions or reductions on the manufacturing…

Mohamed Alaa El-Din

$400m dues owed to RWE for its stake in Suez Oil Company fields

RWE’s contract in Gulf of Suez concession ends in July 2017; no…

Mohamed Adel

EGX expected to range from 7,550 to 7,600 points during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed