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

EU allocates €68m to promote Egypt Gas Connection

Other partners include the French Development Agency (AFD) that will contribute a…

Ahmed Adly

Hyundai Verna: most sold Korean model in Egyptian market in 2016

With1,456 cars sold at EGP 377m, the Hyundai Tucson was the second…

Daily News Egypt

Geely widely outpaces other Chinese models with sale of Emgrand 7

Geely sold 997 Emgrand 7 models for a value of EGP 92.7m

Daily News Egypt

Nissan’s New Sunny sits atop Japanese auto industry in Egypt

Nissan sold1,680 New Sunny models at an estimated value of EGP 199.9m

Daily News Egypt

Strain on import procedures causes Egyptian automotive market to falter

EAMA asked to meet the central bank governor and three ministers, says…

Ahmed Amer

NAT assigns work on G4 rail for Metro Line 3 to ETF-ORC-TSO association

The implementation of Metro Line 3 is expected to cost EGP 810m

Mohamed Alaa El-Din

Proton posts EGP 15.5m in sales after lacklustre start to 2016

Proton’s Gen2 model was the most sold car in 2016. Egyptian auto…

Daily News Egypt

GE signs cooperation protocol with EETC to reinforce national grid

The protocol includes four substations that will be supplied with Gas Insulated…

Mohamed Alaa El-Din

Egypt must overcome security, overpopulation challenges to achieve sustainable development: Hollande

The presence of French companies in Egypt, despite the recent unrest, reflects…

Mohamed Ayyad

€6bn expected increase in Egyptian-German trade exchange: Egyptian Industry Minister

There is potential for investment in the fields of mining, gas and…

Shaimaa Al-Aees