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

McDonald’s announces ambitious recycling goals

The world's largest restaurant chain has said it's aiming to get all…

Deutsche Welle

23.6m smartphones in Egypt at end-2017

The number of smartphones in the domestic market has risen to 23.6m…

Mohamed Alaa El-Din

South Sudan’s Jubek State, Atta Group sign cooperation protocol to establish largest industrial zone

Jubek State of South Sudan signed in Cairo a memorandum of understanding…

Daily News Egypt

Ericsson announces huge write-down

Troubled Swedish telecoms equipment maker Ericsson is trying to refocus on its…

Deutsche Welle

Japanese cars top domestic market sales in 11M 2017

Daily News Egypt monitored car sales according to their country of origin…

Shaimaa Raafat

Toyota-Egypt signs distribution agreement with Lexus

Toyota-Egypt signed an agreement with Lexus, the luxury vehicle division of Japanese…

Daily News Egypt

EOS issues new Egyptian fuel specifications

The Egyptian Organisation for Standards and Quality (EOS) has held a number…

Ahmed Amer

Egyptian government buys EGP 10m worth of solar power from 129 individuals, companies

Electricity distribution companies paid EGP 10m to 129 individuals and small companies…

Mohamed Farag

Wind farm negotiations with Siemens stop for 2nd time

3 scenarios expected, including reduction of capacities and postponement

Mohamed Farag

Electricity Ministry plans adding 20,000 MW in 2 years

19.2m tonnes of mazut equivalent saved per year in fuel consumption at…

Mohamed Farag