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

Tourist turnout at restaurants is 15-45%

Decline largely due to tourists’ appetite for shisha, not food, says Chamber…

Shaimaa Al-Aees

Ministries of Finance, Tourism fail real estate tax dispute resolution for Cairo, Alexandria hotels

Ministries’ efforts failed to use standard substitution value instead of market value…

Abdel Razek Al-Shuwekhi

$6bn foreign company investments in FY 2015/2016: El Molla

Total foreign investment, which is being pumped this year, is estimated at…

Mohamed Adel

UBIFRANCE, IFA merge to form Business France

UBIFRANCE and the IFA (Invest in France Agency) merged to form Business…

Daily News Egypt

Egypt purchases wheat worth over $79.1m

The delivery of purchased quantity will be supplied mid- to late-April

Sara Aggour

Terra Sola proposes $3.5bn solar energy investment

Project is expected to generate annual revenue of $760m, says Chairman

Doaa Farid

No retreat on cigarettes tax, increases between 50 piastres and EGP 1.5: Cabinet

Prices now at EGP 23 for Dunhill, EGP 23 for Kent, EGP…

Mohamed Ayyad

British Airways to increase passenger rate to 90% per flight to Cairo, Sharm El-Sheikh

British Airways plans to organise flights to Sharm El-Sheikh beginning in September,…

Abdel Razek Al-Shuwekhi

Conflicting opinions on legislative framework for digital marketing industry

Google activities in Egypt will not be affected by online advertising laws,…

Daily News Egypt