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

Greek MPs agree on probe into Novartis health care scandal

The Greek parliament has voted in favor of an inquiry to investigate…

Deutsche Welle

SMEDA signs cooperation agreements with 14 NGOs in microfinance field

We seek to encourage establishment of microenterprises, with aim of improving living…

Hossam Mounir

Saudi Abdul Latif Jameel returns to invest in Egyptian energy projects 

Company bidding for $800m worth of solar plants

Mohamed Farag

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