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

Fresh fight for control over struggling Yahoo

An influential hedge fund has launched a bid to overthrow Yahoo's entire…

Deutsche Welle

Mitsubishi warns of first annual loss

Mitsubishi Corporation, Japan's biggest trading house, has warned that it will post…

Deutsche Welle

IFAD grants Egypt $70m for agriculture projects

Minister of International Cooperation Sahar Nasr met a mission group from the International…

Shaimaa Al-Aees

Port of El-Sokhna celebrates new navigation line with Maersk

Maersk announced 450 container ships will cross canal for the occasion of…

Shaimaa Al-Aees

Hikma PLC Acquires EIMC United Pharmaceuticals

Acquisition will strengthen Hikma’s market presence in Egypt

Shaimaa Al-Aees

CBE reduces term of executive officials in banks to 9 years

The Central Bank of Egypt (CBE) issued on Thursday a decree to…

Hossam Mounir

Hikma PLC acquires EIMC United Pharmaceuticals

Acquisition will strengthen Hikma’s market presence in Egypt

Shaimaa Al-Aees

EFG-Hermes’ net profits in 2015 record EGP 461m, marking 4.7% growth     

Policy to reduce expenses led to cutting down the investment bank’s total…

Daily News Egypt

Oriental Weavers collects EGP 51m in outstanding dues of export subsidy

The company has three-part plan to stimulate exports by purchasing new machines,…

Mohamed Ahmed

LG exports $150m worth of TV screens  in 2015

15% decline in profits due to dollar crisis, says Kwack

Mohamed Alaa El-Din