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

GCC states top Arab countries in 2016 FDI inflows

Gulf Cooperation Council states led the Arab world in terms of foreign…

Daily News Egypt

Egyptian National Railways plans to develop the facility in 30 months at a cost of EGP 45bn

General Electric’s contract will be activated after being officially signed in August:…

Daily News Egypt

Electricity Ministry reveals reasons for power outages

Stopping of production units, distribution problems are amongst the reasons for the…

Mohamed Farag

New $1bn initiative by World Bank to enable women’s entrepreneurship

The World Bank Group is launching a new facility to raise over…

Daily News Egypt

41.9% increase in cash balances at banks in 2015/2016

Insurance companies’ total financial position reached EGP 65.8bn

Daily News Egypt

Public banks provide 750m riyals for tourism companies during Hajj

CBE defines maximum limit of 3,000 riyals for each pilgrim

Daily News Egypt

Conventional car ban would risk thousands of jobs in Germany

As a German debate about the downsides of conventional cars using fossil…

Deutsche Welle

Interest rates stir new wave across auto market

70% of sales depends on loans, demand on used cars increased 

Ahmed Dawoud

AOI and Toyota Egypt launch production line for “Fortuner”

47% local manufacturing, plan to increase it: Seif El Deen 

Shaimaa El-Badawi

Fuel subsidy cut does not affect car sales: experts

95 gasoline is the best economically for popular cars on the long…

Ahmed Amer