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

Exits of foreign investments decrease by 12% in Q1 of 2015

European Union investments in Egypt in Q1 of 2015 reached $2.03bn, compared…

Rana Yehia

$520m increase in Egypt’s foreign exchange reserves in June: CBE

Reserves were supported by government-issued dollar bonds in the international markets during…

Daily News Egypt

E-Finance collects EGP 130bn in taxes for Finance Ministry: CEO

80% of value was through activating Egyptian Customs Authority’s tax collection system,…

Metropolitan Consulting forms strategic partnership with Al-Bluwi Saudi group

Coordination to work in the fields of financial and credit consultancy and…

Hossam Mounir

EGPC, Rosneft sign agreement for oil products, LNG shipments

Minister of Petroleum Sherif Ismail said that signing the two agreements is…

Mohamed Adel

Qalaa Holding receives no subscriptions in capital increase attempt

Investment firm targets to raise capital by EGP 1.7bn

Doaa Farid

Ministry of Communications’ intervention to resolve TE crisis is legal: Negm

By Mohamed Alaa El-Din Minister of Communications Khaled Negm said his ministry's intervention…

Daily News Egypt

Agriculture Ministry suspends cotton imports starting July

The step was taken targeting the protection of locally produced cotton.

Daily News Egypt

Egypt’s debts to Paris Club decrease 18%

Egypt repaid $670m to Paris Club in July, another payment of same…

Menna Samir

Dim international and domestic news pushes EGX down

EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in…

Sara Aggour