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

Chinese glut slows global smartphone sales

The world's biggest market for the devices has 'reached saturation,' a new…

Deutsche Welle

Government widens exempted tranche of tax income

Economic expert and advisor to the Minister of Planning Abdel Fattah El-Gebaly…

Doaa Farid

Government issues decree to establish General Authority of Economic Zone of Suez Canal

The authority will own state-owned lands and establishments in the zone. According…

Doaa Farid

Ezz Steel records EGP 145.9m losses in Q1 2015

In 2014, the company lost EGP 835.5m

Doaa Farid

ABK acquires 98.5% of Piraeus Bank

EFSA issued the approval on Wednesday

Daily News Egypt

SODIC’s 1H net profit hikes 25%

SODIC delivered 274 units across 8 projects in the first half of…

Doaa Farid

Stocks of Safwan Thabet frozen, Abderdeen increases stakes in Juhayna

Stock market’s main index EGX-30 dropped by 0.94%, registering at 7172.6 points

Doaa Farid

Valeant buys ‘female Viagra’ maker Sprout

Valeant said they expected the medication - colloquially called 'female Viagra' -…

Deutsche Welle

Overseas corporate corruption still a major problem

Cross-border corporate bribery is still a largely unresolved issue, Transparency International has…

Deutsche Welle

Qantas soars back into profit one year after huge losses

Australian airline Qantas has reported a healthy profit one year after having…

Deutsche Welle