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

Inflation rate likely to rise next year: experts

Egypt’s core inflation rate climbed to its highest level in seven years…

Hisham Salah

MHI Technologies establishes subsidiary in Egypt

Mitsubishi announces the establishment of a regional headquarters in Egypt to meet…

Nicholas Mehling

Private sector demands government to reconsider VAT draft law

Ministry of Finance is targeting to collect EGP 31bn through imposing the…

Abdel Razek Al-Shuwekhi

CBE stabilises US dollar exchange rate, further confuses market

The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate…

Hossam Mounir

Egypt produces 50m more cubic feet of natural gas

Eni gas fields in the Nile Delta added 110m cubic feet per…

Mohamed Adel

Egypt receives 16.65% of Brazilian exports, ranks third in Arab world

Brazilian exports to the Arab world amounted to $5.24bn in the first…

Shaimaa Al-Aees

Chevrolet acquires top 5 sales rankings of US-made cars in Egypt

Chevrolet kept its lead on the sales of cars manufactured in the…

Daily News Egypt