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

57% of Egypt’s companies are isolated from banks’ finance: EIB chief economist

Despite the progress accomplished by the government, effort is still needed to…

Shaimaa Al-Aees

Egyptian factories to close due to US dollar crisis: Nation’s Future Party

Head of the industrial committee in the Nation's Future Party Mohamed Garhi…

Daily News Egypt

Infinix to sell 1.5m smartphones locally by the end of 2016

Infinix Mobility, a brand of Transsion, targets to sell 1.2m to 1.5m…

Mohamed Alaa El-Din

19% increase in industrial investments compared to last year

This year 1,304 approvals for investment projects were granted in comparison to…

Adel M. Fakhry

Supply Ministry takes Blumberg at its word, refuses to continue project

The company provided unacceptable technical and financial bids, says Hanafy

Basma Tharwat

Volkswagen is global leader in car sales

Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold…

Deutsche Welle

Workers in manufacturing industry more prone to injuries than others: CAPMAS

Workers in the manufacturing industry are more likely to get injured during…

Hossam Mounir

Pokemon Go warning triggers Nintendo stock slump

Nintendo shares have taken a deep dive after the company warned the…

Deutsche Welle

Apartments, villas rented out at faster rate in New Cairo than 6th of October City: JLL

Property owners are forced to accept their payments in Egyptian pounds following…

Shaimaa Al-Aees

Abraj Misr pays EGP 600m out of total EGP 800m for The Gate’s land

A number of bank financing offers for the project are being studied;…

Daily News Egypt