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

Automotive companies’ profits are 16% of car price, ‘Let it Rust’ campaign is almost over: Masrouga

Daily News Egypt interviewed Raafat Masrouga, the honorary head of the Automotive…

Nour Ahmed

Dershal celebrates first conversion of diesel car into electric vehicle

Dershal Company for the manufacture of batteries for electric cars celebrated the…

Nour Ahmed

Libya’s oil production rises to 6-year high putting pressure on OPEC deal

Brent crude oil prices stand at $66.37 per barrel in Monday trading…

Mohamed Samir

Globaltronics to produce electricity metres which can be topped up via Bluetooth, mobile phones: VP for R&D

Supply, installation of smart metres to be completed before H2 of 2019

Mohamed Farag

ABB to expand its investments in Egypt by 40% in 2019

Company plans investing in El-Dabaa Nuclear Power Plant, Egypt-Cyprus interconnection project, says…

Mohamed Farag

Egypt’s gas production to increase to 7bn scf/day next June

New explorations have contributed to increasing production by unprecedented levels, says source

Mohamed Adel

Beltone Financial expects another interest rate cut in next CBE meeting

Increase in inflation readings does not affect our forecast for inflationary pressures…

Hossam Mounir

Japan awaits President Abdel Fattah Al-Sisi’s confirmation for future visits

Our meeting with Egyptian President discussed ways to develop joint cooperation in…

Hagar Omran

Government has taken serious steps in implementing ‘Egypt 2030’ programme: WB official

Mahmoud Mohieldin, the World Bank’s (WB) senior vice-president for the 2030 Development…

Daily News Egypt

Egyptian hotel market achieves average 30% RevPAR growth in January

Cairo, Sharm El-Sheikh, Hurghada, Alexandria to witness occupancy of 77%, 58%, 68%,…

Daily News Egypt