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

Intel to buy driverless tech firm Mobileye

US chipmaker Intel has announced it will buy Israeli tech company Mobileye.…

Deutsche Welle

Bank Audi Egypt signs MOU with European Investment Bank for $30m loan

Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end…

Hossam Mounir

Restructuring of Ministry of Industry aims at reducing bureaucracy: Kabil

The ministry will reduce its agencies and institutions to 25 in the…

Hisham Salah

EGP 14bn total TE revenues for FY 2016 

EGP 2.7bn total profits with 10.9% decline compared to last year

Daily News Egypt

Nasr meets investors, World Bank delegation to discuss economic atmosphere

A workshop with World Bank to discuss the implemented procedures of development,…

Hisham Salah

PAS to invest $80m in 2017

Company revenues amounted to $170m in 2016, profits to $42m

Mohamed Farag

Etisalat Egypt reaps revenues of AED 4.03bn in 2016

Company's unit in Egypt accounts for 19% of the group’s business

Mohamed Alaa El-Din

MM Group submits IPO request to EGX to float 30% of its capital

IPO procedures to begin after EGX approval this week with a maximum…

Mahmoud El-Qassas

UNDP top official praised Egypt’s positive step to achieve sustainable development

Wahba discussed the preparations to hold the first international conference on the…

Farida Ismail