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

Slight improvement in car sales: AMIC

66,400 cars traded over four months, with Chevrolet in the lead

Ahmed Amer

Hyundai outperforms Kia by occupying nine positions

The Verna topped the sales of Korean cars in Egypt during the…

Daily News Egypt

Al Nebras targets land portfolio in Egypt of up to 70,000 acres in 2017

Al Nebras provides residential units for graduates and low-income youth on 60…

Shaimaa El-Badawi

RenCap working on seven deals in Egypt, with an average of USD 100m each

The company is working on  seven deals in the local market, including…

Mohamed Ahmed

Fitch cuts Japan outlook after delayed tax hike

The international ratings agency has lowered Japan's credit rating outlook amid worries…

Deutsche Welle

Merkel says China market status resolvable

German chancellor Angela Merkel believes China could be granted market economy status…

Deutsche Welle

Housing Ministry, SFD sign protocol to develop 370 homes in Minya and Sohag

The overall objective of the project is to alleviate poverty by providing…

Daily News Egypt

Construction projects for New Administrative Capital in full swing

All construction projects in the new capital city will be completed in…

Shaimaa Al-Aees

Brexit: Up to seven years to renegotiate EU-UK relations, says Tusk

The president of the European Council has warned of the lengthy process…

Deutsche Welle

Shell, Apache to complete gas production tests of Apollonia field in June

30 wells will be drilled to extract gas from limestone layers in…

Mohamed Adel