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

Georenco, Hareon Solar to establish solar energy station for $75m: Georenco Chairman

€50,000 to train students on devices that measure solar cells in Fayoum…

Daily News Egypt

Finance ministry reconsiders tax increase on beans and falafel

Beans consumption amounted to EGP 1.8bn during Ramadan alone, there are over…

Shaimaa Al-Aees

Halting capital gains tax means government supports investment climate: Omran

Prime Minister and Minister of Investment opened Monday’s trading session

Doaa Farid

Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman

Stock exchange tax must be stopped to deepen the market, executive regulation…

Mohamed Ayyad

Government halts 10% capital gains tax for 2 years after market investor pressures

Market indices increase more than 5% following the decision

Doaa Farid

Mehleb approves land in Maadi for Majid Al Futtaim project

The UAE-company’s five-year plan for Egypt includes investing EGP 3.9bn in the…

Doaa Farid

$50m to open first gypsum board factory in Suez 

The plant production capacity is 15m sqm of gypsum, 90,000 tonnes of…

Shaimaa Al-Aees

Franchising opens doors for exportation to local suppliers

 55 international and local brands, 11 countries will be involved in EFDA's…

Menna Samir

Financial policies most powerful tools to enhance Egyptians’ lives: Finance minister

The government has a clear plan to implement the 22% tax upon…

Mohamed Ayyad

Egypt Gas loses EGP 17.3m in Q1 2015

The company witnessed a workers’ strike in April

Doaa Farid