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

MB Engineering targets net profit of EGP 12m in 2016 after registering on Nilex: Chairman

Catalyst Partners, Sigma Capital promote to launch IPO for 27.6% of MB…

Mohamed Ayyad

Budget deficit 9.9% of GDP according to draft budget

Estimated tax revenue amounts to EGP 444.4bn, with growth rate of 5%…

Daily News Egypt

Fitch forecasts dollar to reach EGP 9 before year-end

Egypt could reach an IMF agreement if required by authorities, Fitch says

Daily News Egypt

Ford targets low-price market with new Figo model

At this year’s Automech Formula, Abdul Latif Jameel Company showcased its new…

Daily News Egypt

Jaguar, Land Rover experienced 50% growth in sales last year

It is difficult to set car prices in wake of dollar shortage,…

Daily News Egypt

Cabinet settles debate about presidency of PBDAC, issues a decision appointing El-Kosayer as chairman

El-Kosayer will begin in April and will remain chairman for 3 years

Hossam Mounir

Fiat preparing to launch sedan, SUV this year

Daniel said the company aims to present two new cars during 2016

Daily News Egypt

Statoil pushes battery storage for wind energy

Norwegian oil group Statoil has said it will store energy from a…

Deutsche Welle

Brilliance offers V3 for EGP 149,900 

In its10 years in the Egyptian market, Brilliance has presented 12 models

Daily News Egypt

Automech Formula sees strong presence of 24 auto companies

The exhibition is supported by the International Organisation of Motor Vehicle Manufacturers…

Daily News Egypt