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

Ryanair profits rise, but Brexit a headache

Irish airline Ryanair has reported a decent rise in first-quarter profits not…

Deutsche Welle

Burj Global develops New Cairo residential project, invests $70m

The project is situated on an area of 35 acres, says chairperson

Shaimaa Al-Aees

Yahoo reported near deal to sell core assets

Internet pioneer Yahoo appears close to a deal to sell its core…

Deutsche Welle

Georgia offers 5 real estate, tourist projects to Egypt investors

Georgia calls for housing investments in luxury, middle, and low-income housing, says…

Shaimaa Al-Aees

Egyptian renewable energy disinvestment over price and arbitration disagreements

The government’s plans to develop renewable energy is to blame for mismanagement…

Nicholas Mehling

DPI acquires 33.3% of B.TECH, worth $35m

EFG Hermes acted as an advisor to the deal between DPI and…

Adel M. Fakhry

Internet market attracts 200,000 new customers in April 2016

Slight decline in number of subscribers, says Ministry of Communications

Mohamed Alaa El-Din

Egypt to sign contracts in 3 months for shares of state-owned banks, oil companies on EGX 

The IPO programme will span 5 years and priority is given to…

Mohamed Ayyad

Brexit dominates G20 finance summit in China

Britain's decision to leave the EU could have global consequences, G20 finance…

Deutsche Welle

Orange Egypt net losses decrease by 63.3% in 2016

    Orange Egypt's consolidated financial results showed a decrease of 63.3%…

Mohamed Samir