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

Minister of Trade discusses investment opportunities with Chinese companies

Hawtai is considering injecting investments worth $1bn in projects for manufacturing cars…

Daily News Egypt

France fines Facebook over ‘targeted advertising’

French regulator CNIL has penalized the US social network for failing to…

Deutsche Welle

Egypt’s business climate improving, challenges remain: Capital Economics

New Investment Law is a positive step towards improving the dire business…

Elsayed Solyman

Zohr field investments amount to $16bn

Minister of Petroleum and Mineral Resources Tarek El Molla said that the…

Daily News Egypt

Egypt, Russia to sign final contracts for $30bn Dabaa nuclear power plant within 2 months

The government is set to complete the $30bn agreement with Russia regarding…

Daily News Egypt

Eurozone economy grows at unspectacular rate

The 19 nations sharing the euro have logged a moderate GDP growth…

Deutsche Welle

Egyptians invest their dollars into real estate, pushing prices up 40% since flotation

Demand keeps growing despite unjustified price hikes, says head of Building Materials…

Shaimaa Al-Aees

$2.2bn to establish water pumping and storage facility for electricity production in Ataqa

The Ministry of Electricity is preparing to conclude a contract with the…

Daily News Egypt

Tiggo bestselling Chinese car in Egypt in Q1 2017

The Chery Tiggo sold 568 vehicles between January and March, with a…

Ahmed Amer

Sales of passenger cars in Egypt valued at EGP 7.15bn during Q1 2017

The automotive market achieved sales of EGP 7.15bn during the first quarter…

Daily News Egypt