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

Egypt strengthens relations with India and Greece

International cooperation minister looks to build on previous cooperation to increase economic…

Menna Samir

Japan still considering whether to participate in Egypt’s economic summit: Kagawa

Japanese private sector faces many problems in Egypt, notably accessing foreign currency,…

Daily News Egypt

Fuel oil supplies non compliant with specifications behind increased summer electricity

The source said that during the summer, fuel suppliers offered fuel at…

Mohamed Adel

IDB allocates $220m for Egypt-Saudi electricity interconnection project

Islamic Development Bank announces $566m financing for projects in energy, roads, petrochemicals,…

Shaimaa Al-Aees

Tourism sector asks banks to postpone debt repayment to end of 2015

Banking system owed EGP 10bn from tourism sector, workers hope to postpone…

Abdel Razek Al-Shuwekhi

Numerous public bank officials resign to protest maximum wage

New maximum wage sets wages at 50% less than original wages, resigned…

Doaa Farid

World’s 7th largest dairy firm drops Egypt’s Arab Dairy bid

Arla Foods explore alternative options to enter Egyptian market

Doaa Farid

Subsidised fertiliser crisis result of production issues and poor distribution

Companies in free investment zones must export all products, no need to…

Daily News Egypt

Social financial allocations to be regularly paid for better services: Finance minister

Railway dues will also be reviewed monthly to fund purchase of spare…

Mohamed Ayyad

Egypt rises 20 points on transparency, anti-corruption ranking

Egypt’s ranking improved in the Corruption Perceptions Index to 94th place in…

Abdel Razek Al-Shuwekhi