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

Chinese town suspends nuclear waste project

A city in the eastern part of China has said it's suspending…

Deutsche Welle

Poverty rate rises while solutions are lacking, low-income citizens in Upper Egypt, Sinai most affected: experts

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that the…

Daily News Egypt

Cabinet to approve purchase-tariff of electricity generated from waste

At EGP 0.92 per KW, prices will be linked to the inflation…

Mohamed Farag

Government announces electricity price increase in subsidy reform strategy

The state is continuing its economic reform and liberalisation by scaling back…

Nicholas Mehling

Return to normal demand on US dollar in informal market

CBE allocates the value of Tuesday’s tender to cover imports of medicines,…

Hossam Mounir

Gas pumping to MOPCO, El Masreya 1, Alexandria Fertilisers halted for maintenance

Consumption-intensive factories, for steel and fertilisers, need nearly 1bn cubic feet of…

Mohamed Adel

Dax index logs year’s high on Munich Re results

Germany's benchmark index of blue-chip stocks has risen to a new high…

Deutsche Welle

Falsely reported wheat supplies worth at least EGP 4bn: Fact Finding Committee

Committee inventoried 10 silos, while other regulatory authorities examined 100 storage centres

Abdel Razek Al-Shuwekhi

Car sales fall by 32% during first half of 2016

Hyundai is competing against Chevrolet to top the best-sellers list and Nissan…

Ahmed Amer