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

Low fuel costs boost Lufthansa profits

Germany's flag carrier Lufthansa posted a 55-percent jump in profits for 2015,…

Deutsche Welle

Problems threatening Egyptian national security

I am not making a mountain out of a molehill if I…

Abdallah Al-Moghazy

Looking to Greece’s tourism sector amid economic downturn

To further investigate the state of the Greek tourism sector, Daily News…

Maya Nawar

Ministry of Tourism to attend Egyptian Kuwaiti Forum for Investment and Tourism

The Ministry of Tourism intends to market approximately 10 projects valued at…

Abdel Razek Al-Shuwekhi

1 year after EEDC: What has been achieved?

Questions have been raised over the purported success of the conference, as…

Doaa Farid

Fed keeps rate, pares back future hikes

The Federal Reserve kept interest rates steady, while indicating that economic headwinds…

Deutsche Welle

‘Enormous’ investment demand in Asia

The Asian Development Bank wants to contribute to the reduction of poverty…

Deutsche Welle

SunCity Mall Invests EGP 40 Million in Facility Development in 2015

The extension of Fun Kingdom is now 80% operational and is open…

Daily News Egypt

SODIC records 21% increase in net profit in 2015

Delivery of high-margin units, growth of cash collections account for growth

Daily News Egypt

Beta Technology Egypt negotiates with 2 banks to finance EGP 160m factory

We aim to manufacture VR glasses, wireless laptop chargers, says CEO

Mohamed Alaa El-Din