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

CIB’s loans portfolio increases to EGP 62.6bn

Bank’s profits exceeded our expectations, while the growth rate of deposits and…

Hossam Mounir

Mobinil records EGP 49.8m net profits in 2015

According to a statement, Mobinil’s total revenues amounted to EGP 8.4bn in…

Daily News Egypt

IDA receives 37 applications for coal-fired cement factories

Ministry of Industry issues 14 licenses

Daily News Egypt

Slump hits trading on corporate bonds on stock market

Experts attribute zero trading to companies’ reluctance to issue new bonds, depreciation…

Mohamed Ahmed

NBE, Banque Misr to post joint profits exceeding EGP 9bn

Banque Misr achieved net profits of EGP 2.51bn after taxes in FY…

Hossam Mounir

British businesses must be partners of choice for Egypt’s energy future: Donaldson

British Gas and British Petroleum have together invested almost $40bn in developing…

Daily News Egypt

After dollar shortage forces closure, GM will resume plant operations in 6 October City

US dollar reserves have eroded to $16.4bn, nearly half the value recorded…

Daily News Egypt

Ministry of Industry prepares legislation to regulate issuance of licences and allocation of land

Establishment of five commercial offices in Africa to increase Egyptian exports, says…

Mohamed Alaa El-Din

EU to consider easing shipping regulations on Egyptian exports

EU member countries increased regulatory measures on Egyptian exports to EU countries,…

Mohamed Alaa El-Din

Minister of Industry and EU delegation head inaugurate Trade and Domestic Market Enhancement Programme

Ministry of Industry targets a 9% growth rate by 2020, with industry’s…

Mohamed Alaa El-Din