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

Eastern Company raises cigarette prices on higher production costs

The government says the company raised the prices on its own accord…

Daily News Egypt

Paying social allowance to the private sector’s employees in July 

on Sunday, a collective agreement gathering business owners, employees, and syndicates will…

Shaimaa Al-Aees

Launching first smart mass transit project with investments of EGP 1bn

Misr for Technology and Projects (MisrTech) launches the pilot operation for the…

Daily News Egypt

Turkish Paşabahçe acquires Pearl Glass Group for $50m

The company plans to invest $100m in the domestic market in the…

Mostafa Fahmy

Google escapes massive back taxes in France

A French court has ruled that the internet giant is not liable…

Deutsche Welle

China’s unsatisfied hunger for German companies

As the German government is trying to prevent German companies in strategic…

Deutsche Welle

Egypt is committed to fiscal consolidation and economic reform plan: Fitch

Egypt’s new budget and lower electricity and fuel subsidies demonstrate a continued…

Elsayed Solyman

German government wants more veto power in company takeovers

Foreign investors, especially from China, are keen on German know-how - even…

Deutsche Welle

Ineffective cybersecurity costs industrial firms $497,000 annually 

Although the majority of industrial organisations believe they are well-prepared for cybersecurity…

Daily News Egypt