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

30 companies ask for compensation for price differences in contracts with Electricity Ministry

Ministry is considering compensating companies by 10-30% of contracts’ value despite losses…

Mohamed Farag

Raising interest on the pound is for the benefit of all: CBE governor

The CBE does not consider specific entities when making decisions, Amer said…

Hossam Mounir

Oil markets hope for OPEC production cut

OPEC ministers will assemble in Vienna this week to discuss an extension…

Deutsche Welle

German economy going from strength to strength

A raft of fresh economic data from Germany is showing that businesses…

Deutsche Welle

Our investments amount to EGP 50m, says Nawara

We contracted with Honeywell to use Bendix trademark in Egypt and North…

Ahmed Amer

Noble shares tank after default warning

Shares in the once-powerful Hong Kong-based commodities trader have lost a third…

Deutsche Welle

European automotive market experiencing huge suffering in 4 year

The sales of European cars declined to their lowest pace in four…

Mohamed Ramadan

Sales of high-priced cars exceed sales of middle-class cars

Cars worth more than EGP 2m registered more sales than middle-class cars…

Daily News Egypt

Daimler expands its e-battery production

During a groundbreaking ceremony in eastern Germany, premium carmaker Daimler has confirmed…

Deutsche Welle

Investors believe raising interest rate is wrong, expert says it could control the economic situation

The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate…

Hisham Salah