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

El-Nahar Tours contracts Ghabbour Auto to replace 50% of bus fleet

Ghabbour Auto will provide the buses within two months of the signing…

Aisha Zidane

El-Saba Automotive opens new service centre for Peugeot

The company opened an exhibition centre in the Mansoura governorate and a…

Ahmed Amer

General Motors Egypt’s Chevrolet Optra launch heralds increased local manufacturing

The company invested EGP 110m into its production line and an employee…

Daily News Egypt

68,000 TOR for land plots offered by Housing Ministry sold within 5 days

The ministry said the 68,074 TORs include 48,891 TORs competing for 11,076…

Daily News Egypt

Former CBE governor Ramez named AIB chairman

Cabinet appoints state representative to AIBs board

Daily News Egypt

Dollar crisis pushes Renault sales down by 73% in January, February 2016

If the currency crisis was controlled, sales would be better, says EIM…

Ahmed Amer

Ministry of Electricity receives permits to connect power to informal settlements

The EEHC issued regulations to install coded electricity metres in remote areas

Mohamed Farag

Electricity Ministry owes $148m to General Electric for maintenance work on plants

GE overhauled the electricity generation units over the last 6 months, a…

Mohamed Farag

Gulf’s capital market gains slow down

Abu Dhabi Securities Exchange (ADX) rose by 2.25% while Saudi Stock Exchange…

Daily News Egypt

FinCorp focuses on governance structure, feasibility studies as remedy to financial stagnation

The company contracted as a financial consultant in seven operations in the…

Mohamed Ahmed