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

Developer sues Industrial Development Authority

IDG claims that the authority has imposed unjustified fines

Liliana Mihaila

Unexplained upturn in the market

EGX 30 moved up 213 points to close the session at 5,052…

Liliana Mihaila

New taxes on mobile phone services

New tax includes an EGP 25 tariff on every SIM card sold

Liliana Mihaila

Egypt’s credit rating risks further devaluation

By Nasser Youssef Countries such as Egypt, who currently have a B…

Liliana Mihaila

EGAS: 18 companies partake in gas importation bid round

Results of the bid round to be announced in the first half…

Liliana Mihaila

Lower income, higher prices

Tax reforms signal the instigation of skyrocketing inflation

Liliana Mihaila

Price of engine oil doubles

Calls for the Ministry of Petroleum to set price ceilings on oil…

Liliana Mihaila

Foreign international reserves dwindle

During the month of December net reserves rose by $705 million

Liliana Mihaila

Djoser’s dilemma

Archaeologists are worried that renovations may cause the Djoser pyramid to collapse…

Fady Salah