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

Graviton negotiating to acquire agricultural, real estate companies for EGP 300m

Company's direct investment fund targets 30% of the agricultural company for EGP…

Daily News Egypt

Size of FDI in Egypt amounts to $4.8bn in 2014

The size of foreign direct investments (FDIs) in Egypt during 2014 amounted…

Hossam Mounir

Tatweer Misr launches first phase ‘IL Monte Galala’

The project is on 2.2m sq metres over five levels of the…

Rana Yehia

$3.7bn surplus in balance of payments for FY 2014/2015: CBE

FDI in Egypt increased to $6.4bn the past FY

Hossam Mounir

China seeks to reassure financial markets

China's Premier is trying to soothe international concerns over market volatility and…

Deutsche Welle

Mac Optic to build petrochemical plant in Gulf of Suez: Vice President

Company signed contracts with Nigerian companies, negotiations underway with Iraqi government for…

Shaimaa Al-Aees

EFSA commissions EGX to put in place rules for private placements

Regulations include deposit of 25%-33% of purchase order value to control exaggeration…

Shaimaa Raafat

Mubasher seeks investment funds management activity licence from EFSA

Company to organise promotional tour in GCC this month to attract financial…

Daily News Egypt

EGX loses 19.5% after government announced capital gains taxes postponement

Continued tax deductions from foreigners, international and local crises stopped benefits from…

Daily News Egypt

Aggravated absence of transparency risks, delayed parliament reduce IPO stock market attractiveness

Risk package caused liquidity reduction, fluctuation in stock market performance putting future…

Daily News Egypt