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

Oil price gains capped by prospect of Iran supplies

Brent North crude for February firmed two cents to stand at $106.77…

Daily News Egypt

Egypt economy to become 22nd strongest by 2028: Cebr

The economic and business research company stated that Egypt’s GDP will register…

Sara Aggour

Dubai’s Drydocks World signs $730m North Sea rig deal

Drydocks agreed a restructuring plan worth $2.2bn in 2012 having got into…

Daily News Egypt

Egypt may receive an additional $6bn from Gulf countries: Dcode

Economic and financial consulting firm Dcode estimates that Egypt will receive additional…

Sara Aggour

Qatar’s QNB Q4 profit slightly below estimates

This compared with SAR 2.11bn in the same period of 2012.

Daily News Egypt

Stock market hits three-year high on referendum

The main index EGX-30 closes at nearly 7200 points, an unprecedented level…

Doaa Farid

International firms receive 70% of insurance installments paid in Egypt

Head of the Egyptian Insurance Federation Abd El-Raouf Kotb said, “Establishing new…

Daily News Egypt

IDA launches EGP 16m industrial zone project in Luxor

Cooperation protocol signed between Luxor governorate and Industrial Development Authority, as overseen…

Doaa Farid

Turkish business warned over trade with countries in crisis

A number of Turkish companies briefly halted operations in Egypt although there…

Daily News Egypt

367k feddans planned for cotton growth over coming year: Ministry of Agriculture

Media reports highlighted that the cotton-cultivated area last agricultural season was 367,566…

Daily News Egypt