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

New free zone in Minya attracts $750m in investments

Zone’s cost of development will exceed EGP 450m, will be implemented in…

Rana Yehia

Jordan’s Masaken Capital to acquire Cairo-based firm

Masaken Capital targets stock markets listing, projects for limited-income individuals

Doaa Farid

18 subsidiary companies will see EGP 5bn investments in FY 2015/2016: CIHC Chairman

Investments financed through bank loans with projects serving as guarantees, says Reda…

Daily News Egypt

New vision to increase industrial growth rate by 1.5% annually: Qabil

Progress evaluation will be conducted on monthly basis, says minister

Daily News Egypt

Egyptian-US economic relations are ‘strategic’ on governmental, private level: Al-Sisi

Major US companies are planning more investments, to take advantage of lucrative…

Mohamed Ayyad

6 million government employees paid through MasterCard by year-end: MENA president

MasterCard plans to pump in a multimillion dollar investment within next few…

Sara Aggour

Wind farm project remains under negotiations: Suez Cement MD

Company is still holding discussions with Egyptian authorities to ensure project is…

Menna Samir

Banque Misr provides EGP 500m bridge loan to GASC until EGP 2bn loan is finalised

21% increase in loans and bank deposits until end of June 2015,…

Hossam Mounir

Mercedes’ Lewis Hamilton wins Japanese Grand Prix

British driver Lewis Hamilton has won the Japanese Grand Prix for Mercedes,…

Deutsche Welle