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

Internet market will face challenges in upcoming period: Orange CEO

The company incurred losses estimated at 10% to 15% of its total…

Mohamed Alaa El-Din

Egyptian Customs Authority imposes indicative pricing for Isuzu imports   

General Motors Egypt filed a complaint in protest of a discrepancy between…

Ahmed Amer

General Electric invests $340m in Egyptian market in 2016: North East Africa CEO

GE is negotiating with a foreign company in Egypt to participate in…

Mohamed Alaa El-Din

El-Nahar Tours contracts Ghabbour Auto to replace 50% of bus fleet

Ghabbour Auto will provide the buses within two months of the signing…

Aisha Zidane

El-Saba Automotive opens new service centre for Peugeot

The company opened an exhibition centre in the Mansoura governorate and a…

Ahmed Amer

General Motors Egypt’s Chevrolet Optra launch heralds increased local manufacturing

The company invested EGP 110m into its production line and an employee…

Daily News Egypt

68,000 TOR for land plots offered by Housing Ministry sold within 5 days

The ministry said the 68,074 TORs include 48,891 TORs competing for 11,076…

Daily News Egypt

Former CBE governor Ramez named AIB chairman

Cabinet appoints state representative to AIBs board

Daily News Egypt

Dollar crisis pushes Renault sales down by 73% in January, February 2016

If the currency crisis was controlled, sales would be better, says EIM…

Ahmed Amer

Ministry of Electricity receives permits to connect power to informal settlements

The EEHC issued regulations to install coded electricity metres in remote areas

Mohamed Farag