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

French Legrand seeks to acquire Egyptian company for electric metres manufacture

We started discussions with two companies, and sales grew by 30% this…

Mohamed Farag

US dollar continues to trade below EGP 16

Why the US dollar broke the EGP16 barrier and where to next?

Hossam Mounir

Schneider Electric offers Egypt water loss management solutions up to 30%: Caspar Herzberg

Company aims to increase its exports by about 40% in 2020

Mohamed Farag

Danfoss’ sales in Egypt exceed $15m, eyeing 30% increase in 2020: regional head

Company plans to make Cairo a regional hub for supplying refrigeration, heating…

Mohamed Farag

How does Egypt plan to produce 42% of its electricity from renewables by 2035?

According to the 2035 strategy, Egypt will produce 61,000MW from renewables, of…

Mohamed Farag

Landmark Sabbour, Marriott International agree to open W hotel at Cairo’s 1-Ninety

Expected to open in 2024, W Cairo will be situated in 1-Ninety,…

Shaimaa Al-Aees

Egypt is the economy with the most catalysts for growth in the region: Beltone Financial

Fears of heightened competition, increased prices, and unexpected weakness in local currency

Doaa Elboraie

Egypt’s trade deficit narrows by 28.7% in September: CAPMAS

Unfortunately, Egypt's export value decreased by 2.7% in September, amounting to $2.37…

Daily News Egypt

Egypt Post, DHL agree to facilitate e-commerce in Africa

The agreement aims to provide new and innovative services to stimulate rapid…

Mohamed Alaa El-Din

US EXIM Bank, DFC’s funds are key to supporting Egypt’s private sector: Nasr

Members of Congress, Senate visit Egypt for boosting joint cooperation

Hagar Omran