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

Qalaa Holding investigates raising capital to EGP 1.8bn: Sources

Qalaa Holding Company aims to increase capital to EGP1.8bn, in return for…

Abdel Razek Al-Shuwekhi

Kaki demands Egyptian government refund EGP 1bn

Kaki Group would not terminate its Egypt investments despite smear campaigns led…

Shaimaa Al-Aees

We demanded Egyptian workers sign disclaimer for responsibility over their lives: Libyan official

250,000 legal workers in Libya, insistence to travel despite security unrest

Abdel Razek Al-Shuwekhi

HOTAC develops Shepherd Hotel with EGP 320m via Ain Sokhna project income: Board Chairman

The development will occur using investments of up to EGP 320m, which…

Abdel Razek Al-Shuwekhi

In Video: Egypt oil and gas conference discusses energy issues

http://youtu.be/JbgR-RRimao   Video by Omar Korashi and Mohamed Anwar

Daily News Egypt

15 real estate development companies compete to establish food court in Mövenpick El-Haram: Company official

Amer Group, Al-Hokair, Wadi Degla, Palm Hills, Al-Futtaim are the biggest companies…

Abdel Razek Al-Shuwekhi

Hotel occupancies expected to increase in Sharm El-Sheikh in March

Percentage of Sharm El-Sheikh hotel occupancy currently approximately 40%, says Tourism Committee…

Shaimaa Al-Aees

15 Libyan flights to Borg El-Arab airport weekly: CAA Chairman

3 Libyan airlines did not halt flights to Alexandria’s Borg El-Arab Airport…

Daily News Egypt

UAE firm to develop efficiency of 7 thermal stations in Egypt

Electricity ministry says that Egypt can save $62m annually through improving quality…

Doaa Farid

BG delays linking 150m cubic feet daily for production to 2016

Foreign partners postpone linking several wells until end of re-pricing with government,…

Mohamed Adel