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

New system for tenders, bids within days: Contractors federation chairman

Egypt’s mineral resources are comparable to Gulf’s petrol, says Hegazi

Mohamed Alaa El-Din

VW gets green light for ‘simple refit’ of diesel cars in Europe

Germany's vehicle safety regulator KBA has accepted Volkswagen's proposed repairs for its…

Deutsche Welle

37% growth in German exports to Egypt in 2015

Egypt exported vegetables and fruits amounting €9m to Germany in nine months,…

Mohamed Alaa El-Din

$15bn required annual FDI for 5 years for economic development: Industry Minister

The ministry is working on opening five new Commercial Services offices in…

Shaimaa Al-Aees

Suez Canal Authority signs settlement agreement with Suez Canal Container Terminal

Agreement provides for General Authority and Suez Canal Economic Zone to take…

Daily News Egypt

Afreximbank closes syndicated loan worth $525m for EEHC

Facility will be used to import gas turbines and other related equipment…

Menna Samir

NBK-Egypt reports 62.9% YoY increase in profits

The bank recorded EGP 445.6m net profits for the first nine months…

Hossam Mounir

Launching stocks suspended after obtaining funds for expansion: MIDOR CEO

$280m increase in shareholders' capital of the company, according to source

Mohamed Adel

Ministry mulls extension of domestic tourism programme

“Egypt is in Our Hearts” offers cut-price deals on Luxor and Aswan…

Abdel Razek Al-Shuwekhi

How protests and a blockade are crippling Nepal’s economy

Nepal has lowered its economic growth forecast from six to two percent…

Deutsche Welle