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

Beltone expects fuel subsidies bill to rise to EGP 150bn in FY 2017/18

Research company foresees primary deficit of 1.1% of GDP in current FY

Daily News Egypt

Porto Group Holding reports 109% hike in 2017 profit; proposes bonus shares

Company net profit stood at EGP 245.5m last year, up from EGP…

Elsayed Solyman

Energy subsidies will be zero by FY 2020/2021: Shaker

Minister of Electricity and Renewable Energy Mohamed Shaker announced that energy subsidies…

Nevine Kamel

Beltone Holding played major role in companies’ IPOs during 2017

Number of listed companies on EGX is 240 companies, while companies registered…

Daily News Egypt

36.7% rise in Egyptian cotton exports in Q1 2017/18 agricultural season: CAPMAS

On January 12 2018, the Central Agency for Public Mobilisation and Statistics…

Daily News Egypt

Pharos Holding appoints Ahmed El Ashi to head its fixed income operations

Leading banker has more than 17 years’ experience in financial services sector

Daily News Egypt

Al-Sisi demands ACA weekly report on number of established companies, obstacles

Since 2014, we have clear vision, ambitious economic reform programme, says minister

Shaimaa Al-Aees

Egypt ‘scored goal’ in becoming regional energy hub: Al-Sisi

Egyptian consumption of gas, diesel, gasoline at $1.3bn per month, says president

Shaimaa Al-Aees

German MPs call for clarification on contentious Russian gas pipeline Nord Stream 2

As a German coalition government may emerge soon, a key issue that…

Deutsche Welle

New Sports Law contributes to transformation of Egyptians sports into industry

"The legislative environment is very important," said Ayman Mohseb, a professor of…

Daily News Egypt