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

Slight growth in Arab tourism income in 2014: Tourism Ministry official

2014 tourism income from Arab tourists to Egypt was $1.5bn, with 0.7%…

Abdel Razek Al-Shuwekhi

Russian tourism companies demand charter flight fees decrease: Ministry official

Tourism Ministry studying Russian tourism companies’ demands to increase tourism flow during…

Abdel Razek Al-Shuwekhi

Private airlines’ targeting 100% revenues increase in 2015

If Egyptian private airlines compete with European airlines, they can dominate 5%…

Daily News Egypt

Egypt yet to receive Arab deposits: CBE governor

Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt…

Daily News Egypt

Government finalises organisational structure responsible for ‘1m acres’ project: Cabinet

Agreement prioritises projects developing ‘1m acres’ in West Minya, Toshka, Al-Farafrah, as…

Mohamed Ayyad

Administrative Court rules favourably for Sinai companies’ EGX listing

EFSA expresses surprise at decision taken without GAFI approval

Shaimaa Al-Aees

1,700 Construction Company workers strike over unpaid salaries

The company does not make revenues, workers demand government involvement

Daily News Egypt

Egypt’s AIIB membership approved

Final decision for approving Egypt's membership was in hands of bank's approved…

Menna Samir

Palm Hills expects EGP 1.3bn in Q1 sales

Rise in sales of company's projects in western and eastern Cairo as…

Menna Samir

IMF raises Egypt’s growth outlook to 4% in 2015

Inflation, account deficit rise while unemployment expected to decrease, IMF report revealed.

Sara Aggour