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

CBE rejects parliamentary Industry Committee’s request to allocate 25% of monthly surplus

Minister of Investment pledged to present the ministry's work programme to the…

Disagreements between partners and US dollar shortage drive sales of EATC down

Problems include the decline of the company's market share as well as…

Mohamed Aboul-Fotouh

$7.57bn in remittances to Egypt from expats in Saudi in 2015: Xpress Money

Egyptian expatriates in Saudi Arabia account for the largest population of Egyptians…

Doaa Fahmy

Wadi Degla launches Promenade Maadi at a cost of EGP 350m

The project includes 26 buildings and consists of 200 housing units, says…

Daily News Egypt

EGP 47.5bn total investments in property market in FY 14/15: OBG

The government must lead the efforts to incentivise social housing because private…

Daily News Egypt

Committee begins reconciliation with companies over disputed land on Cairo-Alexandria Desert Road  

Fourteen companies on the Cairo-Alexandria Desert Road changed their activity from agricultural…

Mohamed Ayyad

Majid Al Futtaim achieves $1bn in revenues in 2015, of which Egypt represents 6%

Mall of Egypt will be inaugurated in September 2016 and Almaza City…

Shaimaa Al-Aees

Shell acquires 17% of Egyptian market, begins to increase capacity of its factory to 100m litres per year

Egypt needs to speed up licensing procedures to encourage investors despite conditions

Ahmed Tolba

91 million people in Egypt as of Sunday: CAPMAS

Egypt’s population has increased by 1 million people over the past six…

Hossam Mounir