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

Ministerial committee to work on Egyptian-African relations: Mehleb

Committee responsible for following up on bilateral relations between Egypt and African…

Mohamed Ayyad

Local producers to supply 3.7m tonnes of wheat over coming 3 months

EGP 10bn allocated for paying local suppliers

Menna Samir

Palm Hills, MNHD sign MoU establishing residential project

Project's revenues will range between EGP 4.6bn to EGP 5.5bn

Sara Aggour

World Bank provides $400m towards supporting 1.5 million Egyptian families

Families to receive support will be chosen carefully to ensure resources are…

Menna Samir

Government working to resolve issue of hampered factories: Prime Minister Ibrahim Mehleb

Discussions are underway with The Savola Group to supply a new grocery…

Mohamed Ayyad

Imports of Ramadan lanterns banned: Abdel Nour

Good step for protecting local industry, but merchants who already placed orders…

Menna Samir

Hotel occupancy rates rose prior to Easter holiday: Tourism workers

Hotel occupancies rose in Alexandria by 60%, Ain Sokhna by 80%, Sharm…

Abdel Razek Al-Shuwekhi

45% decrease in non-tax revenues during 8 months

Total income tax revenues decreased to 28% during the period from July…

Shaimaa Al-Aees

Emirates NBD Egypt net profit hikes 22% in 2014

Total assets increased by 20%, registering over EGP 24.3bn

Doaa Farid

2 agreements to increase the production capacity of MIDOR refinery lab

Production per year will increase to 245,000 tonnes of butane and about…

Daily News Egypt