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

Al Qalaa targets 25% revenue growth, $700m from noncore industries’ exit: Hisham El-Khazindar

Company expected to announce details on new exit before the end of…

Sara Aggour

Finance minister forms committees to receive appeals on property tax value

The number of members of the appeal committee will be reduced to…

Daily News Egypt

Tablets remain ‘untapped market’ in Egypt: Nielsen

Ages of tablet users vary between 20 and 55 years old, consumer…

Sara Aggour

Unified licence to be launched in September: Communications ministry

The three mobile service operators have agreed to the licence’s terms for…

Doaa Farid

Social Fund for Development spends 70% of allocations in 2014

Fund hopes to generate 185,000 work opportunities by end of 2014 by…

Abdel Razek Al-Shuwekhi

$5.4bn World Bank financing for existing projects in Egypt: Regional Director

World Bank funds for Egyptian projects in infrastructure, agriculture, energy, and job…

Abdel Razek Al-Shuwekhi

Daily increase of 100m cubic feet of gas production in Egypt

Deficit in fuel for electricity and gas equivalents now stands at 4m…

Mohamed Adel

Government seeking EGP 24bn in tax arrears

The government is aiming to collect EGP 24bn from the total tax…

Sara Aggour

2% growth in construction sector: Gleeds Construction Consultancy

Sector growth remains despite rise in prices of cement, concrete and steel

Daily News Egypt

Orascom Development Holding registers first profit since 2010

The Swiss hotel operator is expecting an improvement in the hotel performance…

Doaa Farid