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

US dollar registers EGP 8 at exchange companies

Pharos expects the dollar exchange rate to drop to EGP 8.5 during…

Doaa Farid

How China’s downturn is impacting Southeast Asia

The turmoil in China's stock markets, coupled with the country's languishing economy,…

Deutsche Welle

CBE approves CIB’s acquisition of Citibank retail portfolio

The Central Bank of Egypt (CBE) approved, on Tuesday, the Commercial International…

Hossam Mounir

Shell asks EGPC to agree on Al-Abyad shale gas price

Studies to assess layers and reserves are being conducted to determine required…

Mohamed Adel

Electricity Ministry cancels tender for 50,000 smart electricity metres, replaces with another

Twelve companies, including Elsewedy, Global, Siemens, and Huawei, bought new tender specifications…

Daily News Egypt

Over 600 investors, policy makers to participate in Euromoney conference

Ashmore Group looks forward to investments in Egypt, says Middle East director…

Shaimaa Al-Aees

Dumping duties of 54%-77% to be applied on Chinese blankets: Abdel Nour

Market dumping phenomenon was confirmed, China informed complaints were accepted, says Al-Seginy

Daily News Egypt

Raya IT contracts with state-owned bank for 500 ATMs at $10m

We are currently focused on providing our services to banking and ICT…

Daily News Egypt

Shezlong for Psychotherapy in negotiations with 6 foreign psychotherapists in overseas expansion bid

We seek negotiations with investors in exchange for share in company, says…

Daily News Egypt

Ta2heal to launch mobile application supporting children with special needs education

We provide necessary training to develop skills, and cooperate with two rehabilitation…

Daily News Egypt