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

Ministry of Industry issues its 2015 annual report

Ministry issued report finds work stoppage in 871 factories, NBE provides 11…

Daily News Egypt

Balance of Payments registers deficit of $3.7bn in first quarter of FY 2015/2016: CBE

The Central Bank of Egypt (CBE) announced Wednesday that the Balance of…

Mohamed Ayyad

Second meeting to accelerate $8bn Saudi investments scheduled 5 January

Egypt has offered projects in the housing, tourism, energy, and agriculture sectors…

Mohamed Ayyad

Sawiris dominates Egypt’s financial sector in 2015

By December, Orascom presented an acquisition offer to CIB's CI Capital

Mohamed Ahmed

Entrepreneurship trounces economic crises, draws attention of foreign investors in 2015

Fawry’s acquisition deal is the biggest; Yaoota, Wuzzuf give hope to startups

Mohamed Alaa El-Din

Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016

The dollar’s value rose from EGP 7.18 in January to EGP 7.83…

Hossam Mounir

2015 without outages or minimised loads: Electricity Ministry overcame the dark 

Minister of Electricity Mohammed Shaker said the ministry increased the capacities of…

Mohamed Farag

Zohr discovery stimulated increased investments in gas prospecting in Mediterranean: Official

Egypt to increase gas production to 5.3bn cubic feet after linking part…

Mohamed Adel

Egypt’s nuclear dream realised with Russian technology after 60-year delay

Egypt will enter 2016 with economic solutions for the provision of sustainable…

Mohamed Farag

German stocks index rises for fourth consecutive year

Germany's blue-chip stocks index, the DAX-30, has completed a fourth year of…

Deutsche Welle