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

Egypt increases crude imports from Kuwait

Extra 500,000 barrels per month to be supplied for refineries

Mohamed Adel

Huawei to consider establishing smartphone assembly factory

We aim to turn Egypt into a centre for exporting smart devices…

Mohamed Alaa El-Din

HTC acquires 8% of market sales in first 9 months of 2015

HTC ranks second in terms of financial value of sales, said Abdel…

Daily News Egypt

Egyptian GITEX participants expected to sign EGP 30m deal: ITIDA

A survey revealed that 100% of attendance was motivated by preparing for…

Daily News Egypt

Saudi Arabia leads Middle East mobile phone sales with 57% share

Smartphones represent 78% of devices sold during Q3 2015, according to IDC…

Mohamed Alaa El-Din

New internet licence framework under construction

Telecoms regulator plans to grant licences to two companies in each governorate

Daily News Egypt

20% decline in computer sales in Q3 2015

Weak purchasing power and currency troubles to blame, says IDC

Mohamed Alaa El-Din

High speed train deal to be signed next week: Transportation minister

Price of new metro line tickets will be higher than old lines

Sara Aggour

EGP 8.5bn to be pumped in new capital, 1.5m acres 

The share of the 1.5m acres project will amount to EGP 3.5bn…

Sara Aggour

Supreme council to be formed for auto industry

Automotive industry strategy is about to be finalised, according to the Minister…

Mohamed Ayyad