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

Egyptian-Russian economic rapprochement marked with wheat, LNG sectors

Russia sees Egypt as export destination after issues with EU following Crimea…

Doaa Farid

20% expected growth in 2014-2015 revenues: Banque Misr Chairman

Bank is launching lease company and 15 new branches for Islamic services,…

Daily News Egypt

NBAD to hold ‘Egypt on the Rise’ conference

The conference aims to discuss steps needed to encourage foreign direct investments…

Daily News Egypt

New public holding company to invest in development of Egypt’s monuments: PM

The company targets providing fund to restore and maintain monuments, says cabinet…

Mohamed Ayyad

Value of Egypt’s exports to Britian at £199m in Q1 2015

Egypt ranks 6th on list of MENA countries exporting to Britain

Menna Samir

Suez Cement seeks to increase production capacity by 15%

Italcementi’s CEO said in March the company is focusing on diversifying energy…

Sara Aggour

Shell, Apache to start first shale gas production next February: EGPC Chairman

Second well in Apollonia field to be linked to national gas network…

Mohamed Adel

ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees

NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015

The bank has pumped EGP 3.5bn into SMEs sector

Doaa Farid

Cabinet agrees $400m World Bank loan for social safety nets: El-Kawish

Loan will support Egypt in creating "Solidarity and Dignity" cash support programme,…

Mohamed Ayyad