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

Hero Food Industries set to enter US market in May for first time

Export target for the US is $10m, says managing director

Omar Abdel Hamid

Samsung posts biggest quarterly profit since 2013

South Korean tech giant Samsung has reported its best quarterly net profit…

Deutsche Welle

Misr Cafe’s exports amounted to $20m in 2016

Company allocates EGP 150m to raise capacity for packaging lines by 50%…

Basma Tharwat

Saudi Arabia led tourist traffic to Egypt in 2016: Rashed

Arab tourists in 2016 amounted to 2 million, up from 1.7 million…

Daily News Egypt

Average night in Marsa Alam hotels costs $25: Shalaby

Flights should cost less than EGP 2,500-3,000 per person, as one family…

Abdel Razek Al-Shuwekhi

Deutsche Bank in huge profit jump

Deutsche Bank has surprised investors with a hefty surge in earnings in…

Deutsche Welle

All Inclusive packages are blamed for service quality decline: Mohsen

Tourists who can have all three meals and drinks at hotels will…

Abdel Razek Al-Shuwekhi

United hikes compensation after passenger fiasco

United Airlines has said it will offer passengers up to $10,000 to…

Deutsche Welle

Trump administration unveils massive tax cuts

The White House has provided a summary on US President Donald Trump's…

Deutsche Welle

EETC to sign solar energy agreement with Saudi Alfanar next week

EBRD and IDB will finance the project, according to Abdel Karim

Mohamed Farag