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

International cooperation ministry denies receiving $1bn from Kuwait

Last aid to Egypt was $350m Saudi loan for electricity projects and…

Doaa Farid

New Urban Communities Authority offers 8 tenders in 4 new cities

New Urban Communities Authority Vice Chairman Kamal Fahmy said that four public…

Daily News Egypt

OCI NV pursues dual listing in Egypt, UAE

Company is targeting to list on the two exchanges during the first…

Sara Aggour

Foreign reserves register $1.7bn year-on-year decrease in October

October’s figure marks the fourth consecutive increase in foreign currency since a…

Doaa Farid

Innovation complex to be established in Maadi Technology Zone

Signing of the agreement took place on Tuesday during Cairo ICT 2014…

Daily News Egypt

IBM predicts 50% growth in cloud computing in Egypt by end of 2015

ITIDA and IBM launch 2nd phase of joint-initiative to help telecom SMEs…

Daily News Egypt

Lenovo to lead Egyptian computer sales by end of 2015: CEO

Lenovo spends $3bn globally per year in research and development, says CEO…

Daily News Egypt

10-15% growth targets in government sector: Al-Kharafi Group

Egypt consumes 75% of domestic production of the Arab Company for Computer…

Abdel Razek Al-Shuwekhi

30% growth target in 2015: Dell sales manager

2014 figures targeted 20% growth, but company reached only a “not acceptable”…

Abdel Razek Al-Shuwekhi