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

Construction of mobile phones factory in Assiut Technology Park starts

The production of the first Egyptian cell phone expected next September, says…

Mohamed Alaa El-Din

ACT aims to increase its business volume to EGP 1.2bn this year

The company increases its capital by EGP 50m to cover its future…

Mohamed Alaa El-Din

Robust economy likely to nudge US Fed to hike rates

Positive economic conditions, marked by falling unemployment and accelerating inflation, have increased…

Deutsche Welle

Profit boost sets VW on the road toward the future

Volkswagen’s 2016 results were known long before the German carmaker's annual press…

Deutsche Welle

DNE News Brief: 14 March 2017

https://youtu.be/pzP-lEId_l8

Daily News Egypt

Kazyon to inaugurate more than 100 stores in 2017 across Egypt

Future plans for increasing Kazyon's warehouses capacity, says marketing head

Reem Hosam El-din

Third phase of national project for roads will begin in the coming FY

We target to extend the metro network by 180km during the coming…

Daily News Egypt

SWIFT announces Business Forum Egypt to discuss issues of financial sector

“As we continue to reform the banking sector, it is critical to…

Hossam Mounir

2,000 real estate companies exit market in 2016 due to price hikes

The number is expected to increase because of the delay of the…

Hossam Mounir

NUCA investments EGP 37bn in current FY: assistant Minister of Housing

40,000 workers and technicians are working on the New Administrative Capital project

Hossam Mounir