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

VW reaches tentative deal to compensate US dealerships

The embattled carmaker has reached an 'agreement in principle' to compensate its…

Deutsche Welle

EFG Hermes will acquire 51% of Pakistan’s Invest & Finance Securities Limited

This comes in line with the EGG Hermes’s strategy of transforming into…

Mohamed Samir

Cabinet accepts Minister of Supply’s resignation

Reports about a limited cabinet reshuffle next week allegedly include the ministers…

Mohamed Ayyad

WhatsApp to share users’ phone numbers with Facebook

The instant messaging app has updated its privacy policy, allowing owner Facebook…

Deutsche Welle

Orascom Telecom announces EGP 44m losses during Q2 2016

The company reported a 56.3% increase in revenues during the second quarter…

Mohamed Samir

GAFI delegation to attend Tokyo International Conference on African Development

We will showcase Egypt’s efforts towards creating a better investment climate, says…

Mohamed Samir

Private sector looks to boost tourism to Luxor, Aswan

Studies are being carried out to see what markets would be best…

Aisha Zidane

Nesma Airlines plans to increase its fleet, launch 5 new airlines

We plan to expand into Kuwait and the UAE before the end…

Aisha Zidane

6 offers under evaluation for water pumping, storage station in Ataka

The Egyptian Electricity Holding Co. has begun to evaluate the technical and…

Mohamed Farag

75% increase in infringement on Egyptian monuments in Greece: Ministry of Religious Endowments

The Egyptian government has a resolution stating that these properties are registered…

Aisha Zidane