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

Suez Canal registers revenues of $5.176bn in 2015, down by 5.3%

Payloads also increased by 3.7% to $998.7m net tonnes in 2015 compared…

Mohamed Ahmed

Tourism sector in EGP 71.9m debt to 4 electricity companies: Tourism Ministry official

Non-performing bodies will schedule receivables, with several facilitations and incentives in payment

Mohamed Farag

EGX-30 drops by 4%, market sheds EGP 8.13bn

This is the fifth consecutive drop for EGX-30

Sara Aggour

Beta Technology Egypt introduces new technologies to drive growth: CEO

We plan to increase our business size from EGP 40m in 2015…

Mohamed Alaa El-Din

Nokia to officially announce acquisition of Alcatel-Lucent mid-January: Source

Acquisition will contribute to increasing company's business size and provide integrated solutions,…

Mohamed Alaa El-Din

Ayadi to contribute 6 projects in of agriculture and SMEs sectors next week

The value of contribution to the Faltering Factories Fund will be decided…

Mohamed Ayyad

Egypt classified as medium-risk country: Kaissi

The value premium is 1.5% of any export contract that ICIEC insures

Shaimaa Al-Aees

Egypt redraws investment zones to streamline administrative oversight

GAFI approved creating workshops which aim to achieve a number of missions…

Mohamed Ayyad

Oil prices register most significant decrease in 12 years, Gulf’s stock markets retreat

Egypt will work on increasing its oil imports to make use of…

Mohamed Adel

Wadi Degla provides EGP 22m for Zahraa El Maadi tunnel expansion

Wadi Degla recently developed River Walk Square in New Cairo

Daily News Egypt