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

Uber extends its services to Alexandria

The company conducted a million rides in Cairo in one year

Mohamed Alaa El-Din

IBM to launch Watson in Middle East by end of 2015

Watson can identify diseases that are spread in Egypt and can provide…

Shaimaa Al-Aees

Oracle invests $5bn in research and development annually

Egypt is a strategic market in the Middle East, says Vice President

Mohamed Alaa El-Din

Cairo Solar negotiates with 4 banks to issue EGP 30m letter of guarantee

Bilateral talks between the Ministries of Electricity and Finance are taking place…

Mohamed Farag

Steel companies sign £12m deal with UK

Deal is part of strategy to increase engineering exports to Britain

Daily News Egypt

ICT sector apprehensive over minister’s policies

There should be an advisory committee to develop long-term project plans, says…

Mohamed Alaa El-Din

Ministry of Electricity signs cost-sharing agreement with 24 renewable energy companies

List includes TAQA Arabia, Cairo Solar, Orascom, Lekela Power, FES, and Nubian

Mohamed Farag

AAIM managed assets worth EGP 3.5bn by mid-2015

AAIM is one of the financial subsidiaries of the Arab African International…

Hossam Mounir

TAQA Arabia to establish solar plant in Zaafarana for $75m

Managing Director of TAQA Arabia Pakinam Kafafi told Daily News Egypt that…

Mohamed Adel

Egypt settles $547m dues to foreign EGX investors: CBE

Decision expected to boost stock market indicators, says EGX Chairman

Hossam Mounir