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

Inflation increases by 1.4% in March: CAPMAS

The annual inflation rate in March 2016 decreased to 9.2% compared to…

Daily News Egypt

GB Auto will continue to raise prices to support profit margins: Ghabbour

The company has made ​​progress in building stock to help overcome challenges…

Mohamed Ahmed

Arab Union for New Urban Communities to build 30,000 residential units

Egyptian and Saudi companies will invest EGP 30bn to construct the housing…

Shaimaa Al-Aees

NREA, Acwa Power sign MoU to establish solar, wind plants

$12bn investment to produce 10,000 MW in 5 years, says Abunayyan

Mohamed Farag

King Salman reveals establishment of Saudi-Egyptian investment fund worth SAR 60bn

Saudi King Salman explained that the Saudi share in the investment fund…

Daily News Egypt

FEB calls for real estate tax emption for banks holding foreclosed properties

The FEB will submit the memorandum to Tarek Amer, governor of the…

Hossam Mounir

South Valley Cement Company to decide on cement licenses with $200m investment by April

The meeting will also decide on a plan for expanding the production…

Mohamed Ahmed

Implementation of VAT to generate EGP 35bn in FY 2016/2017: Ministry of Finance official

Parliament is yet to discuss and vote on the implementation of the…

Sara Aggour

The Egyptian real estate leaders: how well are they doing?

The business of the Egyptian real estate market has been flourishing despite…

Sara Aggour