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

Finance Ministry considers increasing income tax for some sectors

Some sectors have not achieved targeted tax,  therefore ministry targetting tax structures…

Ahmed Ismail

Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills

Highest interest rate on investment in those bills is 3.5%, while lowest…

Hossam Mounir

77% of companies hit by cyber attacks in 2017

Kaspersky Lab IT Security Economics Report revealed that 77% of companies were…

Nehal Samir

Stronger pound to ease beef prices, increase in consumption, imports forecasted: FAS

Tourism recovery will lead to US beef exports to Egypt

Mohamed Samir

OUD seeks to launch residential, commercial projects in New Administrative Capital

Company seeks to obtain a 100-acre plot of land in El Mostakbal…

Shaimaa Al-Aees

Egypt pharmaceutical companies to benefit from new healthcare act: report

New consumer entrants will provide much needed sales for companies working in…

Daily News Egypt

New Castle IPO on NILEX postponed on FRA decision

The IPO will take place within a month after getting the FRA’s…

Noha Abd ElRahman

Ezz Steel mulls cost reductions to boost financials, market share

Company losses fell by 16.3% in third quarter of 2017

Daily News Egypt

Ahead of year-end, Egypt shares likely to test new peaks on local purchases 

EGX 30 rises 2.69% to 14,679.91 points; targets 15,000 points in the…

Elsayed Solyman

MSMEs Development Agency starts providing services to Shaq El-Teaban investors

A special office to provide financial and non-financial services to SMEs as…

Hossam Mounir