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Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
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Latest Business News
EGX30 plummeted more than nine per cent on Sunday, 25 November. (DNE/ Mohamed Omar)
Business

Political unrest expected to weigh heavier on the market

Many analysts said the current political conflict might not impact Egypt's improving…

Liliana Mihaila
Liliana Mihaila

Government imposes fees on imported steel

Imported steel is much cheaper and the same quality of the Egyptian…

Liliana Mihaila
Liliana Mihaila
Dealers are seen at the Egyptian stock exchange market in Cairo. Only seven stocks rose, 156 fell and nine remained unchanged Photo by Mohamed Omar
Daily News Egypt

Stock exchange continues to fall

Mood of pessimism continues to drive down stock market

Liliana Mihaila
Liliana Mihaila

Factories in Upper Egypt at risk of closure

Investors Associations blame government

Liliana Mihaila
Liliana Mihaila

95 octane sales plummet after subsidy lifted

Many consumers are avoiding purchasing the higher performance fuel altogether

Liliana Mihaila
Liliana Mihaila

Steel prices expected to rise

Predicted to rise by EGP 100 per tonne in December

Liliana Mihaila
Liliana Mihaila

Citi Research: 2012 a lost year for Egypt

Dwindling foreign reserves was considered a constraint for the new government

Liliana Mihaila
Liliana Mihaila
Business

Firm conditions attached to Turkey’s loan to Egypt

The Egyptian government is required to present expenditure reports to the Turkish…

Liliana Mihaila
Liliana Mihaila

Economic growth rate rises by 2.3 percentage points in Q1

The poor rate of total investments slowed down economic growth

Liliana Mihaila
Liliana Mihaila

Morsy’s actions raise uncertainty over IMF

IMF board to convene on 12 December

Liliana Mihaila
Liliana Mihaila