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

Sinai Cement registers EGP 28.7m net losses in H1 of 2015

In 2014, the company registered EGP 93.5m in net profits

Doaa Farid

EGP 2.8bn in urgent funds to improve public services: Finance ministry

Ministry of Finance dedicates EGP 74.1m for operation of non-economic railway lines…

Shaimaa Al-Aees

Ashley Madison chief Biderman steps down

The chief executive of Canadian-based infidelity website Ashley Madison has thrown in…

Deutsche Welle

ADB Chief Economist: Claims of China’s growth collapse ‘greatly exaggerated’

The recent stock market plunge has exacerbated worries about the Chinese economy.…

Deutsche Welle

DP World 1H profits increase 22%

Net profits recorded $405m, up from $322m in the same period in…

Daily News Egypt

More Germans at risk of falling into poverty

Germany's public coffers are full but for poorly educated workers, the danger…

Deutsche Welle

Rice exports halted

Abdel Nour said the decision comes to meet domestic rice requirements

Doaa Farid

Boycott campaign seeks to lower skyrocketing meat prices

Consumption of red meat is expected to increase to 1,340 tonnes in…

Doaa Farid

Eni gas discovery to alleviate balance of payments pressures: Moody’s

Recent gas discovery is positive credit for Egypt, says report

Sara Aggour

EGX rises minimally, remains affected by global performance

Response of capital market was violent following expectations of a global economic…

Sara Aggour