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

Nokia sells 79m devices in 80 countries: Nokia Egypt general manager

Tamer ElGamal, general manager of Nokia Egypt, said that during 2017, the…

Daily News Egypt

Tesla to build its second Gigafactory in Shanghai

Tesla has revealed plans to shareholders that it's working with Chinese officials…

Deutsche Welle

Parliament approves FY 2018/2019 budget

The Egyptian Parliament approved on Tuesday the fiscal year 2017/2018 general budget…

EGX loses EGP 22bn Tuesday morning, closes with EGP 15.5bn losses

The Egyptian Exchange (EGX) plunged on Tuesday morning, losing around EGP 22bn…

Daily News Egypt

43.3% of carbon dioxide emissions from electricity sector in Egypt

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that the…

Nehal Samir

Industry minister decrees amends to Industrial Registration Law’s executive regulations

Conditional industrial record guarantees seriousness of any industrial project, says minister

Shaimaa Al-Aees

Total bank credit facilities increase by EGP 60.5bn in 7 months

Private business sector accounts for 61.3% of total facilities, notably industrial field,…

Hossam Mounir

Sico exports first Egyptian-made mobile shipment to UAE

Egyptian Silicon Industries Company (Sico), Egypt's first mobile phone manufacturer, today released…

Daily News Egypt

For first time, Egypt achieves investment rate over 46%: Al-Saeed

Investment rate in planning across different governorates is 80%, says minister of…

Nehal Samir