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

Government subsidies on basic food commodities do not reach poor: Expert

State budget for subsidised food commodities in FY 2014/2015 is EGP 34.05bn,…

Doaa Farid

FY 2014/2015 state budget announced, analysts weigh in

Public expenditure increases, revenues target decreases and GDP growth rate expected to…

Sara Aggour

FY 2014/2015 state budget referred to presidency for approval

Budget witnesses major changes in health, education, electricity and petroleum products subsidies.

Sara Aggour

Al-Sisi, Sabahy’s dueling economic platforms

The Daily News Egypt lists the economic pledges made by both candidates

Sara Aggour

Economy to be a top challenge for next president: analysts

As the economic crisis continues, the next president will face much of…

Daily News Egypt

Egyptian pound continues to depreciate against US dollar

The value of $1 stands at EGP 7.16 on 22 May, compared…

Doaa Farid

Ministry of Tourism signs cooperation protocol with Visa

Cooperation with financial services provider aims to increase tourism to Egypt by…

Daily News Egypt

Dealing with energy shortages, subsidies and a weak currency: Al-Sisi versus Sabahy

Economic policy officials from the campaigns of both presidential candidates reflect on…

Daily News Egypt

Removal of diesel subsidies for tourism sector to begin in November: Tourism minister

Government hopes to remove diesel subsidies in early November in two stages;…

Daily News Egypt

Over 50 Egyptian companies seek to enter Jordanian market

Egyptian companies are looking for opportunities to enter the Jordanian market as…

Daily News Egypt