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

Factories in Upper Egypt at risk of closure

Investors Associations blame government

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95 octane sales plummet after subsidy lifted

Many consumers are avoiding purchasing the higher performance fuel altogether

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Steel prices expected to rise

Predicted to rise by EGP 100 per tonne in December

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Citi Research: 2012 a lost year for Egypt

Dwindling foreign reserves was considered a constraint for the new government

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Firm conditions attached to Turkey’s loan to Egypt

The Egyptian government is required to present expenditure reports to the Turkish…

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Economic growth rate rises by 2.3 percentage points in Q1

The poor rate of total investments slowed down economic growth

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Morsy’s actions raise uncertainty over IMF

IMF board to convene on 12 December

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Expected tourist arrivals shrink by 1 million in 2012

Continued lack of security threatenes to put an end to the movement…

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Six companies win the EGPC’s latest exploration bid round

97 exploratory wells in this bid round

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EGAS requests $500m to aid delivery of natural gas

A new bid round is to be issued to private sector companies…

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