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

Oriental Weavers collects EGP 51m in outstanding dues of export subsidy

The company has three-part plan to stimulate exports by purchasing new machines,…

Mohamed Ahmed

LG exports $150m worth of TV screens  in 2015

15% decline in profits due to dollar crisis, says Kwack

Mohamed Alaa El-Din

9.2% drop in value of industrial production in Q3 of 2015 compared to Q2: CAPMAS

Coke and petroleum products represent the most important economic activities, contributing to…

Hossam Mounir

Organisers of foreign trips await new minister’s policies: official

Restoring Russian and British flights to Egypt tops the minister of tourism’s…

Abdel Razek Al-Shuwekhi

Metro ticket price: between a burdened government and frustrated commuters

The Ministry of Transportation spokesperson said that the ticket increase will not…

Doaa Farid

Occupancy rates of Cairo hotels increase by 60%: ETF Chairman

Despite travel warnings, foreigners have great desire to return to Egypt, says…

Abdel Razek Al-Shuwekhi

No fresh borrowing in the years ahead?

German Finance Minister Wolfgang Schäuble is confident that Europe's powerhouse can fare…

Deutsche Welle

The Donald’s dollars come from Frankfurt

Where does Donald Trump borrow most of his money? Germany. The country's…

Deutsche Welle

Issuing unified tourism law will solve sector’s problems: MP

Egypt’s major tourism markets are Russia, with approximately 35% of visitors, and…

Abdel Razek Al-Shuwekhi