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

Universal Group has 14 factories in Egypt: Abdel Ghani 

The company produces 1.2m cookers and 700,000 heaters in Egypt annually

Mohamed Alaa El-Din

Partnership allows parties to impose internal taxes without distinction between country of origin: Bayoumi

Secretary general of the Egyptian European Association at the Ministry of Investment…

Ahmed Amer

ACEA and EAFA reject new automotive strategy

Tax and customs incentives are inconsistent with international conventions and threaten our…

Mohamed Aboul-Fotouh

SODIC achieves total revenues of EGP 2.1bn in 2016

The company achieves 40% growth and aims to allocate EGP 600m for…

Mahmoud Hashem

Majid Al Futtaim opens doors of ‘Mall of Egypt’

With $722 million in investments, the company’s first super-regional mall in Egypt…

Daily News Egypt

Public Tax Authority recommends imposing 0.175% tax on stock exchange transactions

Tax on stock exchange is high and adversely affects transactions, says Maher

Mohamed Ayyad

Al-Assar, French defence minister discuss cooperation between Egypt and France

French defence minister awards Al-Assar the Legion of Honour for his role…

Hossam Mounir

Customs dollar rate to go down in March: finance minister

The rate will be set at EGP 15.75, starting on Wednesday and…

Mohamed Ayyad

Technical education is the first step in auto industry 

Morocco relies on the auto sector to develop its economy, says chairperson…

Ahmed Dawoud

Price hikes increase car sales to EGP 44.4bn

The wave of increased car prices in 2016 has increased growth in…

Ahmed Amer