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

Wamco Motors acquires two ‘market-changing’ car franchises: CEO

Company will offer “Oley” and 2014 models of “Vita 2” and “Dream”…

Daily News Egypt

Cabinet approves EGP 764.2m development plan in Berenice area

Development plan includes road infrastructure, educational, industrial and economic projects

Sara Aggour

New oil discovery in Western Desert

The new well discovered by IPR is expected to produce 12,000 barrels…

Doaa Farid

Insurance industry, big winner in Egypt’s unrest

Negotiations on investments are underway for insurance sector to fund national projects…

Daily News Egypt

Government tops list of targeted sectors for cloud computing in coming period: TE Data

The government’s application of cloud computing requires further time and investments, Gadallah…

Daily News Egypt

Borg El-Arab Airport inaugurates development projects

New additions include three new jet bridges, a lounge for transit passengers…

Doaa Farid

Saudi engineering firm invests in Egyptian Power

SaudConsult, BPE Power and BPE Investment acquire 40% of Egyptian PGESCo.

Sara Aggour

Tourist arrivals drop 69.7% in September: CAPMAS

There has been a major decline in the number of European tourists…

Sara Aggour

Dubai’s Expo accelerates investment plan: EFG Hermes

Expo 2020 in Dubai will possibly add a 0.5% to 1% growth…

Doaa Farid

Cooperation with World Bank will support social justice: Minister of Finance

World Bank executive director says bank supports “interim government’s efforts to apply…

Daily News Egypt