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

Holdipharma targets revenues of EGP 260m in coming fiscal year

Company’s subsidiaries target EGP 16bn of revenues, up by 47.8%

Daily News Egypt

Foreigners’ investments in Egyptian treasury bills reach EGP 145.8bn following pound’s flotation

Foreign investors' bids for treasury bills registered EGP 2.8bn on Tuesday, while…

Daily News Egypt

Germany’s Delivery Hero set for IPO this year

The Berlin-headquartered start-up says its public listing will help it dominate the…

Deutsche Welle

Is working from home out of fashion?

The recent decision of IBM to call its home workers back to…

Deutsche Welle

NAT proposes tender to demolish buildings obstructing Metro Line 3

The tender includes selling demolition rubble of Nasser, Maspero, Zamalek, and Kit…

Shaimaa Raafat

South African economy shrinks, slips into recession

Africa's third-biggest economy contracted in the first quarter of this year, entering…

Deutsche Welle

Egypt’s energy future between reality and fantasies

Egypt is the second largest producer of natural gas in Africa after…

Mohamed Samir

Automotive companies offer no price cuts in Ramadan

For the first time in years, car companies have not offered price…

Ahmed Amer

TIEC incubates 8 emerging companies in field of smartphone applications

Winning companies obtain financial support worth EGP 120,000

Daily News Egypt

Egypt’s foreign exchange reserves reach new high since March 2011, thanks to new dollar bonds

The foreign exchange reserves increased to $31.1bn at the end of May…

Hossam Mounir