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

Oriental Weavers expects EGP 5.8bn in 2014 sales, 2 new factories planned

By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to…

Mohamed Ayyad

EGP 4.2bn annual losses due to poor wheat handling

Mousa said that estimated losses associated with non-human consumption are 670,000 tonnes,…

Daily News Egypt

Farmers request 12% increase in beetroot supply price

Farmers are also struggling to maintain profit margins, all of which increases…

Daily News Egypt

First economic stimulus package projects to end in Q1 2015: Planning minister

Many projects in the housing sector, part of the economic stimulus package,…

Doaa Farid

UAE to supply Cairo transport authority with 600 new buses

President of the authority indicates that the remainder of the authority's needs…

Menna Samir

Nuweiba-Taba Investors Association requests increased security measures

Investors Association requests Sharm El-Sheikh-style security measures due to fears of terrorist…

Abdel Razek Al-Shuwekhi

Regulations for real estate tax law amendments forwarded to State Council

Coordination with the ministries of petroleum, tourism, aviation, transport, and investment to…

Mohamed Ayyad

Petroleum ministry refuses to adjust gas prices for North Alexandria BP Project

Expectation BP will not abide by its commitment to begin production by…

Mohamed Adel

Local steel producers do not expect high profits in 2014: Egyptian Steel chairman

Value of government-imposed protection fees is low, Ahmed Abou Hashima says

Doaa Farid

EGP 10.5bn to support budget deficit by Egyptian banks

NBE-led union collects loan worth $1.5bn to pay portion of the dues…

Shaimaa Al-Aees