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

Opinion: Germany’s response to China’s shopping spree is long overdue

The German government has blocked Chinese investors from taking stakes in two…

Deutsche Welle

EGP 324.4 spending on subsidy in FY 2017/2018

The spending on subsidy in state budget reached  EGP 324.4 in fiscal…

Shaimaa Al-Aees

$17.5bn foreign investments in debt instruments by the end of June

$3-4bn the volume of foreign investments exit in Egypt’s debt instruments during…

Shaimaa Al-Aees

EGP 157bn increase in tax revenues in FY 2017/2018: Finance Minister

Decrease in budget deficit to reach 9.8% in FY2017/2018 compared to 10.9%…

Ahmed Farahat

Trade, Investment ministries form permanent committee to promote industrial investment  

Minister of Trade and Industry Amr Nassar and Minister of Investment and…

Shaimaa Al-Aees

Facebook shares dive 20 percent on growth fears, China venture canceled

$125 billion has been wiped off the value of the social media…

Deutsche Welle

Indian PM: our African partnership includes implementation of 180 credit lines worth about $11bn

Indian prime minister, Narendra Modi, said that his country’s development partnership with…

Hagar Omran

Walls of Fatimid Cairo, along with man who puzzled history

Fatimid Cairo is fourth capital in Islamic history

Passant Mohamed

Egypt likely to resume natural gas exports to Jordan in January 2019

Jordan will resume pipeline gas imports from Egypt through the Arab Gas…

Daily News Egypt

Orange’s losses fall to EGP 253m in H1 2018

Orange Telecom Egypt said in its unaudited financial results that its losses…

Daily News Egypt