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

Ministry of Finance, public banks in new disagreement

Ministry demands government banks reduce volume of retained earnings, banks believe they…

Hossam Mounir

Hokoma Delivery targets client database of 5 million by end of 2015

“We aim at cooperating with Ministry of Health to register the newly…

Daily News Egypt

Raya plans to exit Fawry for EGP 174.24m

Telecommunication company will sell its 2.51m shares to a Dutch company

Sara Aggour

Egyptian firms fear political instability, corruption: EBRD

Firms also identified informal sectors as one of the main obstacles they…

Sara Aggour

EGAS completes technical, financial evaluation of tenders for second gasification ship

Additional shipments will be pumped to the grid in October, says Abdel…

Mohamed Adel

Ministry of Finance, public banks in new disagreement

Ministry demands government banks reduce volume of retained earnings, banks believe they…

Hossam Mounir

April trade deficit up 52.7% YOY

Egypt recorded trade balance deficit of EGP 24.60bn in April 2015, says…

Menna Samir

Suez Cement net profit down 61.8% YOY in 1H of 2015

Company’s Q2 net profit registers EGP 60.9m

Doaa Farid

EGAS completes technical, financial evaluation of tenders for second gasification ship

Additional shipments will be pumped to the grid in October, says Abdel…

Mohamed Adel

GASC offers international tender to purchase 60,000 tonnes of wheat

The offers should be submitted on a Free On Board (FOB) basis…

Shaimaa Al-Aees