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

Suzuki offices raided in Japanese fuel-economy probe

Japanese officials have raided the headquarters of Suzuki in search for evidence…

Deutsche Welle

Germany’s renewable energy reforms ‘a step backwards’

Germany's renewable energy reforms 'a step backwards'

Deutsche Welle

Qalaa Holdings Scholarship Foundation celebrates granting 151 scholarships to talented students

The foundation announced the tenth batch of recipients for fellowship for 2016/2017

Daily News Egypt

$510m increase in Egypt’s foreign exchange reserves in May: CBE

The Central Bank of Egypt (CBE) announced that foreign reserves increased by…

Hossam Mounir

Cleopatra Hospital shares begin trading on the EGX

International investors constituted the majority of orders for the institutional offering

Daily News Egypt

Industry Minister reviews draft of Golden Triangle project’s masterplan

The project includes industrial and mining plans as well as agricultural, tourist…

Daily News Egypt

Abou Hashima acquires 51% of Presentation Advertising Agency

This acquisition will negatively affect the Egyptian media market, eventually causing media…

Doaa Fahmy

Saudi Public Investment Fund invests $3.5bn in Uber

The PIF will have a seat on Uber’s Board of Directors

Daily News Egypt

ECB corporate bond buying in focus

Starting this month, the European Central Bank (ECB) will be buying up…

Deutsche Welle

IDA receives 8 requests for cement licences after deadline ends

IDA has completed the delivery of TORs on 14 new licences for…

Daily News Egypt