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

Sinoma International Engineering signs contract with Defence Ministry worth €1.05bn

The amount will be paid in instalments over the course of 11…

Mohamed Samir

Deutsche Post DHL makes its own electric delivery vans

Deutsche Post DHL is developing and manufacturing its own electric delivery vans,…

Deutsche Welle

US industrial output takes a dive

US industrial production has fallen sharply, a fresh report by the Federal…

Deutsche Welle

Ambiguity mars CBE’s next move on EGP interest rates

The Central Bank of Egypt faces difficulty on inflation hike of more…

Hossam Mounir

TDA to begin examining land bids by companies in July: TDA head

Land in Ras Sidr is the most sought after by investors, followed…

Abdel Razek Al-Shuwekhi

British Airways to resume flights to Sharm El-Sheikh mid-September

We are negotiating with the Egyptian government to double our flights to…

Aisha Zidane

China brushes off MSCI snub

China has shrugged off a decision by stock index firm MSCI to…

Deutsche Welle

Brexit vote casts shadow over Fed rate move

The referendum in Britain is set to influence a meeting of the…

Deutsche Welle

Flat6Labs funds 46 projects worth $10m in Egypt, UAE, and Saudi Arabia over five years: managing director

Flat6Labs is a regional programme established in 2011 by Sawari Ventures and…

Hossam Mounir