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

Industry, Military Production Ministries sign 3 cooperation protocols to develop Egyptian industry

Protocols aim to maximise industrial, technological potential of two ministries to enhance…

Shaimaa Al-Aees

Pharos acts as exclusive financial adviser for Sico

Devices will be marketed locally, elsewhere in MEA region

Daily News Egypt

81.5% of world’s proven crude oil reserves located in OPEC member countries 

Middle Eastern countries contributed to the majority, 65.5%, of the Organisation of…

Daily News Egypt

US Department of Commerce recommends imposing 53% tariff on steel imports from Egypt, 11 other countries

The US Department of Commerce has made recommendations to the US president…

Shaimaa Al-Aees

Limited response from banks to CBE’s move to lower interest rates

ALCOs of banks operating in Egypt will hold intensive meetings Monday to…

Hossam Mounir

Hassan Allam Properties  acquires  600 feddans  in North Coast

Hassan Allam Properties (HAP) announced the acquisition of 600 feddans in the…

Shaimaa Al-Aees

Will the government partner small, medium real estate companies?

As the government has recently held partnerships with some developers, such as…

Shaimaa Al-Aees

SHUAA Capital eyes becoming among EGX top five brokers by end-2018

Company looks to turn into investment bank sector during the year

Daily News Egypt

Eastern Company targets 132% increase in profits to EGP 3.25bn in FY 2018/2019

Cigarette maker aims to pay EGP 57.5bn in taxes, compared to EGP…

Shaimaa Raafat

Egypt shares moving upwards as CBE cuts interest rates

Investors to embark on building new positions in large cap ahead of…

Elsayed Solyman