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

Infinity Solar Systems to establish renewable energy plants to produce 133 MW in second FIT phase

Infinity Solar Systems is preparing to establish four projects to produce energy…

Mohamed Farag

Supply Ministry pumps sugar into consumer complexes, grocery stores to control market prices

Panic among citizens caused the crisis, which is mitigating: Supply Ministry

Mohamed Ayyad

Egypt’s exchange rate crisis must be addressed: IMF managing director

Social protection is a cornerstone of the IMF programme, any cuts in…

Mohamed Samir

Chamber of Food Industries protests police raids on food factories, confiscation of sugar

The chamber rejects the prime minister’s decision to set profit margins, says…

Mohamed Samir

DNE News Brief: 27 October 2016

https://youtu.be/YV3qbWP4Jek

Daily News Egypt

Arqaam Capital forecasts 16% increase for Elsewedy Electric’s gross profits by 2019

Elsewedy Electric’s net profits increased by 99.2% in the second quarter of…

Mohamed Samir

Dollar crisis and low FDI are the major challenges facing Egypt’s economy: Garhy

Egypt loses EGP 36bn annually due to the smuggling of textiles

Daily News Egypt

Dollar crisis threatens Eastern Tobacco Company’s production

The Eastern Tobacco Company is facing a hard time obtaining foreign currency…

Reem Hosam El-din

Tesla shares flying on surprise profit

Tesla shares have gained more than seven percent after the electric-car and…

Deutsche Welle

Deutsche Bank surprises with first profit in months

Germany's biggest commercial lender has posted an unexpected profit in the third…

Deutsche Welle