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

Vestas to present offer to establish wind plants to Electricity Ministry

The investment cost is $2.2bn to be managed by six banking institutions

Mohamed Farag

Sovereign Wealth Fund established to exploit unused public sector assets: cabinet

Exploiting the unused assets will boost investments within the infrastructure segment

Mohamed Samir

EITESAL records EGP 5m in revenues at the end December 2015

The association will open a new office in the Gulf, which includes…

Daily News Egypt

GB Auto agrees to manufacture motorbikes and tuk-tuks with Bajaj Auto

The company relocated its Iraqi team to Cairo to reduce fixed expenses…

Mohamed Ahmed

Medicines price increase does not commensurate with devaluation of Egyptian pound against US dollar

The decision includes increasing prices of 70% of local and imported medicines

Hisham Salah

14% growth expected in e-commerce in Arab world this year

Facebook still ranks first among social media sites in the Middle East,…

Daily News Egypt

Eurogroup chief sees no Greek debt deal without IMF

Ahead of a meeting of eurozone finance minister, the head of the…

Deutsche Welle

Pilot phase for public Wi-Fi in Tunisia begins

We started the pilot phase in El Ghazala in the presence of…

Mohamed Alaa El-Din

Price increase of medicines prompts divided opinions

A 20% increase is not enough as it should be closer to…

Hisham Salah