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

Egypt business environment improving: CI Capital

Company considers IPO to raise capital for further expansion

Elsayed Solyman

5,420 customs evasions filed in November, December 2017 worth about EGP 578m 

Customs duties, evasion fines amounted to EGP 775.7m, of which only EGP…

Shaimaa Al-Aees

Solar power companies fear distribution companies’ control over station installation

NCEDC obtained license from NREA, began implementing projects

Mohamed Farag

Mentor Graphics, CIT Ministry to establish embedded systems development centre

We will start with a centre in Smart Village and expand to…

Mohamed Alaa El-Din

Egypt repays $1.36bn worth of international bonds

Outstanding bonds fell to $12.64bn at end-December 2017

Hossam Mounir

Poland fears economic hit as EU opens door to Ukrainians

With the EU easing travel restrictions for Ukrainians, Warsaw is worried fewer…

Deutsche Welle

3rd best beach in Middle East in 2017 is Sharm El Luli beach: TripAdvisor 

Travel website TripAdvisor ranked Egypt’s Sharm El Luli beach third among the…

Daily News Egypt

Over 27m young Arabs will enter labour market over next 5 years: Lagarde

60% of region’s citizens believe nepotism is main factor for finding jobs…

Nevine Kamel

Ryanair recognizes pilots’ union for first time

Ryanair has officially signed a deal to recognize a British pilots' union,…

Deutsche Welle

France logs fastest annual growth in a decade

The 19-member eurozone's second-largest economy has seen its GDP expanding at the…

Deutsche Welle