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

Egypt drops 19 spots in World Bank’s ‘Doing Business’ 2016 report

A government official expects improvement after economic reforms are implemented

Mohamed Ayyad

Fed keeps rates steady as US data worsen

The US Fed has kept its interest rates unchanged, with analysts growing…

Deutsche Welle

SSO invests $600m in solar energy programme for 2 years

Scatec Solar signed agreements with Egypt to participate in five solar projects…

Shaimaa Al-Aees

Etisalat Egypt revenues decline to $898.5m in past 9 months

By Muhammad Alaa El Din Etisalat Egypt's revenues declined over the past…

Daily News Egypt

ADIB-Egypt to continue activities despite losses exceeding 50%

The result of ADIB’s operation revealed that it achieved a net profit,…

Hossam Mounir

Huawei’s market share 12.1% until end of September

Head of Devices Sector denies rumours of company's exit from Egyptian market

Daily News Egypt

EFSA to finalise financial evaluation rules

Chairman will personally revise the standards of evaluation

Daily News Egypt

EGAS negotiates with Eni to speed up linking Shorouk discovery to national grid

The official added that Eni will complete the plan for developing the…

Mohamed Adel

Investor considers closing 2 hotels in Marsa Allam, due to losses

Occupancy rates declined significantly in the past four years due to political…

Abdel Razek Al-Shuwekhi

Suez Canal revenues fell despite increase in vessels

Suez Canal Authority revealed a 4.5% decrease in September 2015

Daily News Egypt