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

No decrease in income tax in Suez Canal Economic Zone investments: Salman

No studies to decrease the tax in the Suez Canal Zone were…

Mohamed Ayyad

GASC permits entry of wheat shipment containing traces of ergot fungi above regulatory limit

Health Ministry approved the shipment on 30 December, says GASC vice president

Shaimaa Al-Aees

Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official

Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an…

Abdel Razek Al-Shuwekhi

EGX-30 predicted to decline to 5,600 points during trading week

The cumulative deterioration in EGX-30 last week was 15.38%

Sara Aggour

308 ships transited Suez Canal with total load of 18.081m tonnes last week

Cargo load is the main measure of shipping traffic in the Suez…

Mohamed Ahmed

Intel revenue declines to $55.4bn in 2015

The results added that Intel's Internet of Things Group recorded a revenue…

Mohamed Alaa El-Din

Five year plan for oil sector revealed

During the previous fiscal year (FY) 2014/2015, the oil and gas demand…

Mohamed Adel

Banque Misr arranges EGP 62.3bn loans for major economic sectors in 2015

Bloomberg names the bank as best in promoting syndicated loans and funding…

Daily News Egypt

53% of EGX30 shares traded at lower than book value

EGX trading data reveals that 27% of the index shares fell below…

Daily News Egypt

Raising dollar deposit cap is unlikely during current period, our target is to purify imports: Salman

Imports, which are not committed to international import requirements, are valued at…

Mohamed Ayyad