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

EGX30 targets 7,900-8,000 points this week

Technical analysts predicted that Egyptian Exchange (EGX) will move sideways, dropping down during…

Mohamed Ahmed

Elsewedy Electric increases smart metering contracts portfolio to ‎€148m supported by Gulf, European markets

The domestic market is expected to increase the Elsewedy Electric’s revenues as…

Mohamed Ahmed

EFSA agrees to grant Mubasher licence for managing investment funds

Company to hold an extraordinary general assembly to change its name to…

Mohamed Ahmed

Egypt drops 14 places to rank 55 in Country RepTrak index

Effective governance is considered the cornerstone of attracting foreign direct investment

Mohamed Samir

Amer Group to open Porto Sharm Hotel in December

Amer group will be managing the hotel during the first phase of…

Mohamed Ahmed

Foreigners continue to decrease capital market portfolios, EGP 626m in net sales for August

EGS surpasses other brokerage companies in the first nine months of 2016…

Mohamed Ahmed

Decision to relieve expatriates from car customs for a dollar deposit is under study: customs

The Ministry of Expatriate Affairs and a number of Egyptian expatriates submitted…

Adel M. Fakhry

351 ships transit Suez Canal carrying 21.3m tonnes in past week

Suez Canal traffic data showed that 351 ships transited the canal, with…

Mohamed Ahmed

G20 leaders meet in China to tackle economy, environment

The leaders of the world's most important nations are in China this…

Deutsche Welle