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

Industry ministry to form a conflict-solving committee for auto companies

Committee includes the Industrial Development Authority and the transport and feeder industries…

Ahmed Amer

Hero Food Industries considers expansions in new markets as the company targets growth

The company aims at increasing its exports from local production by 50%…

Elsayed Solyman

London may lose euro clearing business

The EU is scheduled to unveil new rules for the financial sector…

Deutsche Welle

France wants ‘flexibility’ for Greek debt

Ahead of crunch eurozone talks on Thursday, France's new finance minister, Bruno…

Deutsche Welle

Egyptian economy on right track, positive signs of economic recovery: Minister of Planning

Egypt aims at doubling growth rate by 2021, increase the GDP per…

Mohamed Ayyad

SME and Microfinance Development Authority, Reefy sign EGP 25m contract

1,650 microenterprises to be implemented according to the contract, with EGP 35,000…

Hossam Mounir

Banknote issuance to GDP increases to 12.68% in February: CBE

CBE issued banknotes of EGP 411.559bn in February, compared to EGP 405.416bn…

Hossam Mounir

World Bank injects $125m for Upper Egypt development

The current amount is the first portion of the total amount worth…

Daily News Egypt

Opel boss steps down ahead of sale to rival

Karl-Thomas Neumann, CEO of General Motors' European subsidiary, Opel, is stepping down.…

Deutsche Welle