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

SWA to finish plan for 500-acre project next month: Palm Hills

Palm Hills plans to apply for new plots of land in West…

Mohamed Ahmed

Amazon launches rival to YouTube

Already taking on Netflix, Amazon has set its sights on another online…

Deutsche Welle

Government to adopt professional strategy to increase electricity production: minister of electricity

New plants will produce electricity using modern technology to reduces gas emissions…

Chinese companies dominate mobile sales globally in Q1 2016

334.9m devices have been sold as Chinese companies top sales growth

Mohamed Alaa El-Din

Military Production Ministry negotiates with foreign companies to study development of solar panel factories

According to the Ministry of Military Production's plan, the factory will manufacture…

Mohamed Alaa El-Din

CBE provides banks with $118.7m in weekly auction

The CBE sold US dollars at a fixed price of EGP 9.78.…

Hossam Mounir

Annual inflation rate rises to 10.9% in April: CAPMAS

The agency said in its monthly report for inflation issued on Tuesday,…

Hossam Mounir

Etisalat tops internet quality ranking in March

Egypt’s three mobile operators undergo 14,000 online streaming tests, says NTRA

Mohamed Alaa El-Din

Egypt has 16th largest gas reserves: Edison chief executive

Egypt has the potential to become a regional center in the Mediterranean…

Mohamed Adel

Scatec Solar pumps investments worth $650m into 5 solar energy projects: CEO

Negotiations with seven international banks to finance 70% of the project, most…

Mohamed Farag