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

Egypt-China economic relations anticipate a boost

Cairo prepares 16 projects, MoUs to be signed with China in the…

Doaa Farid

Wal-Mart to shutter hundreds of stores

Wal-Mart has said it's closing hundreds of its store in the US…

Deutsche Welle

$200m Saudi grant to Egypt for SMEs in Sinai

Arab sovereign funds allocated $6bn for Sinai development projects

Mohamed Ayyad

Production index surges by 8.8% in one month

Production index for metals and transportation equipment increases, while food index drops

Daily News Egypt

Sawiris pumps investment in Shaghalni recruitment website

We plan to increase presence on the local and regional levels, says…

Mohamed Alaa El-Din

City Centre Almaza construction kicks off, Salman hastens completion

The armed forces undertook construction of the roads and bridges surrounding the…

Doaa Farid

Additional $32m to boost security measures in tourist resorts

Two attacks took place last Thursday and Friday in Giza and Hurghada

Sara Aggour

Cap on foreign currency deposits expected to be removed by year-end: FEI head

Unnecessary importation led to the shutting down of at least 2,000 leather…

Sara Aggour

Tourism income indicators expect to show decline of 18% in 2015: Tourism Minister’s advisor

Ministry to establish national carrier to avoid tour operators’ monopolisation and rerouting…

Abdel Razek Al-Shuwekhi

Ministry of Aviation’s petroleum dues increased to EGP 7bn by November

Debt increased due to the suspension of payment of the entire value…

Mohamed Adel