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

Government begins accelerating implementation of National Roads Project: Cabinet

National Roads Project requires EGP 6bn to be finished next September, banks…

Mohamed Ayyad

Investors issue note to tourism minister refusing Red Sea ports coal expansion: TIA chairman

The Tourism Investors Association (TIA) in the Red Sea and Ain Sokhna…

Abdel Razek Al-Shuwekhi

30,000 housing units to be built in 8 new cities: Housing ministry

First phase housing of 30,000 units rather than 150,000 will be implemented…

Shaimaa Al-Aees

Palm Hills to issue over 8m shares on bourse to increase capital

Real estate firm aims to increase their capital from EGP 3.5bn to…

Doaa Farid

Effect of oil prices to reflect on Q3 2014/2015: Osama Kamal

Brent crude oil decline to $50 per barrel

Sara Aggour

International foreign reserves drop to $15.3bn

Egypt’s BOP recorded $410m surplus in Q1 2014/2015

Sara Aggour

Tax authority exempts 1m units of tax

Families with housing worth under EGP 2m are exempted from taxation

Hend El-Behary

Stock markets losses EGP 9.4bn

Trading on Orascom Hotels and Development stocks started during Tuesday’s session

Sara Aggour

Egyptians expatriate remittances equivalent triple to Suez Canal revenues: World Bank

Egypt tops Arab world in terms of expatriate remittances, estimated at $20bn…

Shaimaa Al-Aees

Agriculture minister to meet textile, weaving entities Thursday: Chamber official

Various topics on the table for discussion, including government decision cutting cotton…

Abdel Razek Al-Shuwekhi