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

Tourism ministry aims to increase profits to $10.5bn by FY 2014/2015 end

Ministry of Finance raises allocations to TAA to participate in 21 tourism…

Abdel Razek Al-Shuwekhi

Domty chooses EFG-Hermes as financial advisor for IPO

Listing will take place in 2015 with EGP 2bn in revenues anticipated,…

Daily News Egypt

Proposal to raise fertilisers prices causes uproar

Farmers and fertiliser producers strongly opposed over pricing issue

Sara Aggour

Conflicting reactions to new fees on imported steel

Egyptian steel importers to pay EGP 290 fees per tonne, analysts expect…

Doaa Farid

Armed forces constructing new cement production line

New line aims to double yearly production by end of 2015

Sara Aggour

Government yet to respond to Aramex proposal to set up railway line for shipment transport

Company expects to create jobs by increasing storage space by 10,000m2

Menna Samir

Russia, EU conflict will not pressure Egypt’s economic policies: Analysts

Egypt striving for balanced policy with both parties, says researcher at Ahram…

Doaa Farid

Government to begin 2nd and 3rd phase petrol distribution system implementation: Cabinet

Cabinet economic group agrees on new oil agreements with minimum investments of…

Mohamed Ayyad

Manufacturing grows and unemployment stabilises during FY 2013/2014: Planning ministry

Manufacturing industries achieved 8.3% growth during FY 2013/2014, up from 2.3% the…

Abdel Razek Al-Shuwekhi

Legislation changes to be made by ERRADA Board: Abdel Nour

ERRADA initiative was reactivated earlier this year

Sara Aggour