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 targets 8% GDP growth in four years: planning minister

Government working to achieve unprecedented development across all sectors, says El-Saeed 

Shaimaa Al-Aees

Egypt to stop importing LNG mid-September

Zohr gas field to add 2bn cubic feet daily to Egypt's production…

Mohamed Adel

US trade deficit surges, hits all-time highs with China and EU

The US deficit in foreign trade widened in July by the most…

Deutsche Welle

Government, CBE moves contribute to shifting towards cashless society: Fawry managing director

We are negotiating with ministries of transport, justice, interior to provide electronic…

Mohamed Alaa El-Din

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