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

$3.5bn for LNG shipments in FY 2015/2016: EGPC

EGPC said in March it will pay $2.5bn for natural gas shipments

Doaa Farid

Heliopolis Company targets EGP 200m profits for FY 2015/2016

Company is studying issuing two tenders for four real estate projects

Sara Aggour

Hamilton revives Mercedes

Formula 1 race in China gets heated, Germans take the lead

Daily News Egypt

Automotive market to finalise specifications for cars

First ten specifications will soon be implemented on imported cars

Daily News Egypt

Draft customs law to be completed in 2 weeks: Customs Authority Head

Law includes postponement of custom tax payment for one month in return…

Daily News Egypt

January trade deficit down by 20.7% year-on-year

Imports stood at EGP 31.47bn during January, 21.2% less than the EGP…

Dahlia Kholaif

Low Russian tourism flow weakens hotel Easter occupancy: El-Zayat

Occupancies in Alexandria, Sharm El-Sheikh and Hurghada hotels range between 50%-60%, falls…

Abdel Razek Al-Shuwekhi

Mergers, acquisitions register $9.5bn in Q1 2015

Investment banking fees marked $182m in Q1 of 2015, a Thomson Reuters…

Doaa Farid

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