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

Economic growth of 5.2% in coming year realistic only with reform: Finance Minister

We will slow down the growth of expenditure items and increase revenue…

Mohamed Ayyad

African growth resilient, but faces challenges

Africa economies are showing “remarkable resilience” despite economic headwinds, and are expected…

Deutsche Welle

Egypt Vision 2030 begins to revive tourism industry, renovate infrastructure: planning minister

The projected goals go hand in hand with the draft budget for…

Mohamed Samir

Egypt’s budget: optimistic aspirations and a difficult reality

The government hopes to reduce the budget deficit to 9.8% and control…

Shaimaa Raafat

Petroleum Ministry’s submarine awaits arrival of French ship to locate black box

The navy expanded its search area to 80 sqkm in the Mediterranean,…

Daily News Egypt

40 Lebanese companies to visit Egypt’s industrial zones next week

Bilateral meetings will be arranged between representatives of the Lebanese companies and…

Daily News Egypt

Amer Group, Porto Group witness an increase in revenue

Porto Group achieves consolidated revenue of EGP 191m, while AMER Group achieves…

Shaimaa Al-Aees

Parliament urges government to lift price of sugarcane to EGP 500 per tonne

Raising sugar cane prices will reduce the decline in planted areas, estimated…

MNHD registers 176% increase in revenues with 7,600 units under development

Revenue growth continues to be driven by unit sales in MNHD’s various…

Daily News Egypt

Passenger car sales fall 31% in Q1 quarter of 2016

Japanese cars sold 10,100 cars valued at EGP 2.2bn and a sales…

Ahmed Amer