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

EGPC, Rosneft sign agreement for oil products, LNG shipments

Minister of Petroleum Sherif Ismail said that signing the two agreements is…

Mohamed Adel

Qalaa Holding receives no subscriptions in capital increase attempt

Investment firm targets to raise capital by EGP 1.7bn

Doaa Farid

Ministry of Communications’ intervention to resolve TE crisis is legal: Negm

By Mohamed Alaa El-Din Minister of Communications Khaled Negm said his ministry's intervention…

Daily News Egypt

Agriculture Ministry suspends cotton imports starting July

The step was taken targeting the protection of locally produced cotton.

Daily News Egypt

Egypt’s debts to Paris Club decrease 18%

Egypt repaid $670m to Paris Club in July, another payment of same…

Menna Samir

Dim international and domestic news pushes EGX down

EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in…

Sara Aggour

CBE stabilises dollar price after 2 increases

Dollar will increase again, and the stable price is temporary, analysts say

Hossam Mounir

4G licence proposal opportunity for TE to become integrated operator

TE’s acquisition of licence means giving up EGP 20bn, revenues of next…

Daily News Egypt

TE releases financial results, revenues increase

The company stated it achieved 9.9% profit growth over Q1 of 2015,…

Daily News Egypt

No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin

Poor performance and financial manipulation are most notable issues affecting EATC

Daily News Egypt