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

Etisalat Misr investments this year up to EGP 3.5bn

Data Services main engine of telecommunications sector, accounting for 30% of revenues,…

Mohamed Alaa El-Din

L’Oreal Egypt factory exports 85% of its production capacity: managing director

Factory seeks to increase productivity to 300m unit, says Julia 

Nehal Samir

US arbitration court rejects Germany’s plea in nuclear phaseout compensation case

Germany had challenged the court's right to rule on a damages claim…

Deutsche Welle

Domty targets increasing sales by 14% to reach EGP 2,700bn by end of 2018: vice chairperson

Targeting to reach about 8.9% profit margin on total sales by year’s…

Nehal Samir

Tourism sector sees remarkable improvements, our performance numbers reflect this: Hilton Luxor general manager

The General Manager at Hilton Luxor Resort and Spa, Florian Gruhl, told…

Nehal Samir

US invested over $100m to conserve Egypt’s monuments, masterpieces over 23-years-old

States implements more cultural programming in Egypt than in most countries worldwide,…

Hagar Omran

Bayer in profit plunge after Monsanto takeover

German chemicals and pharmaceuticals giant Bayer has reported lower earnings for its…

Deutsche Welle

US continues to work with GoE to resolve outstanding issues including market access for seed potatoes

USAID provided over $1.4bn to agriculture sector in Egypt since 1978

Hagar Omran

Cash subsidy policy keeps pace with changes resulting from economic reform: minister of social solidarity

Expanding six programmes complementary to ‘Takaful and Karama’ amounting to EGP 655m

Shaimaa El-Badawi

Private sector creates 40% of target schoolrooms through 2022: education minister

20,500 classrooms established since July 2017 worth EGP 7bn, says Shawky

Aisha Zidane