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

Dana Gas receives $40m of its arrears from Egypt

UAE-based Dana Gas said on Monday it received $40m of dues owed…

Daily News Egypt

TMG enters strategic alliance in education sector with Hermes, GEMS

EFG Hermes will finance equity component of transaction on its own balance…

Shaimaa Al-Aees

AlexBank allocates EGP 22m annually for CSR: Hosni

Bank supports more than 3,500 craftspeople around Egypt, especially in Qena, Sohag,…

Hossam Mounir

Gas consumption up by 240,000 tonnes per month: EGAS

Production of butane reaches 466,000 tonnes in Q1 2018

Mohamed Farag

Sarwa Capital to list on EGX by end-Q3

Partial exit, capital increase worth $150m; Beltone Financial serving as financial adviser,…

Mahmoud El-Qassas

Talaat Moustafa Group negotiates with Saudi Arabia to launch joint residential project

Company studying launching projects in cooperation with Egyptian government agencies, says Talaat…

Shaimaa Al-Aees

4% of Eastern Tobacco to be offered on EGX: Badawi

State-owned Holding Company for Chemical Industries will offer 4% of its stake…

Daily News Egypt

Will Turks heed Erdogan’s calls to sell dollars and buy liras?

Turkish leader Erdogan has recently called on his compatriots to convert their…

Deutsche Welle

Daimler CEO grilled over suspected emissions manipulation

Daimler chief Dieter Zetsche has been called into the German Transport Ministry…

Deutsche Welle