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

$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

Hossam Mounir

Spinneys opens New Cairo branch as part of 2016 expansion plan

The new outlet for Spinneys is the second to be launched this…

Daily News Egypt

Heidelberg acquires Suez Cement Group

Heidelberg Cement completed the acquisition of 45% of the shares of Italcementi…

Adel M. Fakhry

Taxes will not increase, methods for tax collection will be modified: Finance Minister

Rumours that taxes for citizens will increase are not true, only methods…

Adel M. Fakhry

Car sales on the rise in Germany

Car sales in Europe's power house have increased again in recent months,…

Deutsche Welle

Housing Minister tasks officials to quickly offer rent units in social housing project

Madbouly instructed preparation for the launch of about 40,000 units for rent

Daily News Egypt

The variety of a hypermarket without the hassle of leaving your house

Knockmart.com can deliver its clients all food commodities in 14 areas mostly…

Shaimaa Al-Aees

Plans to develop infrastructure of 6 industrial zones: Minister of Industry

Qabil said there is "full coordination between the ministries of industry, international…

Adel M. Fakhry

Britain to slash corporate tax after Brexit shock

Britain's finance minister has announced plans to drastically reduce corporate tax in…

Deutsche Welle

World Bank and AFDB reports put CRCICA in line with international standards

An official at the Cairo Regional Centre for International Commercial Arbitration (CRCICA)…

Mohamed Farag