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

Taiwan’s Foxconn buys controlling stake in ailing Sharp

Taiwanese tech giant Foxconn has bought control of struggling Japanese electronics firm…

Deutsche Welle

Massive French mobile merger falls through

Talks ended between Orange and Bouygues, which together represent over 60 percent…

Deutsche Welle

Tesla’s big bet

The stakes are high for Tesla and its new mid-priced Model 3.…

Deutsche Welle

Finance Ministry issues factoring activities to increase companies’ liquidity

Minister of Finance Amr Al-Garhi issued a decision to add factoring activities…

Daily News Egypt

Jumia Egypt celebrates 1m customers on 4th Anniversary

In the past four years, Jumia says it has reached its milestones…

Mohamed Alaa El-Din

Industry ministry bans rice exports starting 4 April

The ministry is coordinating with all ministries to tighten restrictions on all…

Shaimaa Al-Aees

Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016

Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…

Shaimaa Al-Aees

69% of real estate professionals confident in market growth

Investors and real estate professionals have much to be optimistic about

Shaimaa Al-Aees

Congo formalises Afreximbank membership to boost intra-African trade

In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says…

Shaimaa Al-Aees