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

Parliament pre-approves proposed import records law

Parliament's Economic Committee recommended the abolition of a prison sentence for violations,…

Shaimaa Al-Aees

Electrolux increases Egyptian components of electric heaters to 90%, more than 70% in fridges

“These positive results makes us want the similar factories in Europe to…

Adel M. Fakhry

112% increase in Egyptian exports to UAE: Minister of Trade and Industry

43% decline in Egypt's imports from the UAE in first half of…

Shaimaa Al-Aees

Egypt is stable, state will not renounce economic reform plans: PM

We cannot leisurely take our time anymore; the government is continuously working…

Adel M. Fakhry

Gas re-pumped to MOPCO, AlexFert after maintenance

Provision of 3.7bn cubic feet daily to electricity plants, 400m cubic feet…

Mohamed Adel

Road accidents cost an estimated EGP 30.2bn in 2015: CAPMAS

The estimated value of the minimum economic cost of road accidents in…

Hossam Mounir

Treasury bond balance increases by EGP 5.1bn at end of July: Finance Ministry

The Ministry of Finance has announced that the government’s outstanding balance in…

Hossam Mounir

VW hopes for breakthrough in row with suppliers

German carmaker Volkswagen has confirmed it'll hold more talks with two suppliers…

Deutsche Welle

PACT Real Estate secures construction contracts worth EGP 320m in 2016 for White Bay project

The company has allocated an investment worth EGP 300bn for the on-site…

Shaimaa Al-Aees

NUCA implements 116,000 social housing units worth EGP 16bn in 6th of October City

The main roads in 6th of October City are being developed at…

Daily News Egypt