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 likely to extend gains on foreign and Arab investor purchases

Valuations remain supportive for equities, YTD returns driven by EPS growth, says…

Elsayed Solyman

Orascom Construction targets restructuring its US business to reduce unnecessary costs

Group’s US subsidiaries signed new contracts during 9 months 2017, amounting to…

Daily News Egypt

Importing companies to achieve stronger financials on CBE decision

Decision removes obstacles we were facing, says Cairo for Drugs chaiperson

Noha Abd ElRahman

Total Egypt controls around 10.5% of market, creates 500 jobs annually

It aims to be Africa’s top energy company with the largest production…

Daily News Egypt

$334bn total market cap of cryptocurrencies following Bitcoin surge

The total market capitalisation of all cryptocurrencies currently in circulation reached a…

Mohamed Samir

Nari, TSK compete to establish solar power plant in Kom Ombo

AFD funds project, 3 companies did not submit letters of guarantee

Mohamed Farag

Egypt, Cyprus reach preliminary agreement to construct gas import pipelines

Construction phase to last 2 years, import begins in 3 years

Ahmed Ismail

Orange looks to profit after financial restructuring

Parent company’s loan reduces debt to EGP 5bn

Daily News Egypt

Egypt conducts first 5G test today

Sisi, Kady launch first locally manufactured mobile

Mohamed Alaa El-Din

Economists propose massive infrastructure spending for Germany

German economists have proposed an 'investment agenda,' calling for a massive boost…

Deutsche Welle