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

6-year-high in capital market, EGX-30 reaches 10,055 points

13 companies listed during 2014, new listings expected in 2015

Sara Aggour

Qalaa Holding exits shares in Pharos Holding

Deal has been valued at EGP 40m

Doaa Farid

Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE

Rate ranges between EGP 7.8 to EGP 8 in unofficial market.

Sara Aggour

Egypt’s richest men 2014

The first Arab in the long list of the World’s Richest People…

Daily News Egypt

Souq.com to launch new e-commerce learning project in Upper Egypt

Website to negotiate with the government to make an e-commerce companies audit

Hend El-Behary

2.8 million double-camera phone devices sales locally in 10 months

Single-camera devices sales during the same period reached 249,000 devices with a…

Daily News Egypt

30% growth in Huawei’s consumer business revenue in 2014

Sales of the latter were more than 2m pieces in the three…

Daily News Egypt

Ministry of Communications offers mechanised traffic project tender

By Mohamed Alaa El-Din The Ministry of Communications and Information Technology offered…

Daily News Egypt

OCI MENA BV buys stake in OCI SAE worth 12.5bn

The purchased stake account for 23.425% of company’s total shares, total number…

Menna Samir

Output and new orders of private companies decline: HSBC

Lower demand contributed to output, the bank stated

Sara Aggour