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

Arab Fund loans Egypt $216m for power station

Egyptian minister of international cooperation held meetings in Kuwait, in framework of…

Menna Samir

NUCA budget doubled to EGP 28bn in FY 2015/2016

New Upper Egypt cities will have a share in Authority’s development plans

Sara Aggour

Shell to acquire BG for $70bn

25% increase in oil and gas reserves of Royal Dutch Shell

Mohamed Adel

Finance minister amends executive income tax regulation

Amendments entail imposing tax on dividends achieved by an individual whose transactions…

Doaa Farid

Moody’s expects Egypt economy to grow 4.5% by June 2015: Finance Minister

Non-banking financial activities witnessed significant growth last year, 2015 indicators are promising,…

Mohamed Ayyad

Officials reflect on possibility of 12 million tourists targeted by year-end

Egypt targets 20% growth in tourist numbers next winter, 15% next summer

Daily News Egypt

Tourism revenues rise to $4.5bn in 1H current FY: Official

Ministry of Tourism aims to increase sector’s income to $10bn by end…

Abdel Razek Al-Shuwekhi

Samsung acquires 70.8% smartphone sales, maintains top spot in Egyptian market

Talking to Daily News Egypt on the company’s Egypt market share, El-Gamal…

Daily News Egypt

DrBridge seeks investments at $4m to start foreign expansion: CEO

We plan to expand externally by the end of 2015, and are…

Daily News Egypt

Moody’s raises Egypt’s credit rating to B3

Moody's Corporation estimated a decrease in Egypt’s budget deficit to 10% of…

Shaimaa Al-Aees