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

Economic Committee to adjust imports, restructure public sector companies

We will encourage the purchase of domestic products and increase production of…

Mohamed Ayyad

Marked decline in sales of Chinese cars in first 10 months of 2015

Geely's Emgrand first among Chinese models with 5,057 sold in Egypt

Ahmed Amer

EGP 6.5bn in European car sales in first 10 months of 2015

The European personal car market in Egypt registered EGP 6.5bn in sales…

Ahmed Amer

Japanese cars record sales of EGP 9.5bn in first 10 months of 2015

Nissan New Sunny tops the list of most sold Japanese car in…

Ahmed Amer

Chevrolet Aveo tops list of most US cars sold in Egypt

US car sales account for 12.8% of market in first 10 months…

Ahmed Amer

Korean car sales in Egypt register EGP 7.3bn in first 10 months of 2015

Korean personal cars were able to sell 49,300 units of the total…

Ahmed Amer

New tax on cars offsets custom exemptions on European models

Imposing a tax does not constitute manipulation of the GATT, so long…

Ahmed Amer

Tahya Masr Fund makes trucks available for the sale of discounted food commodities

The trucks will sell meats, chicken, fish, basic food commodities, vegetables, and…

Doaa Farid

UNIDO agrees with Industry Ministry, funding institutions to convert factories to operate on solar energy: Ceglie

$35m in loans allocated to factories with interest rates ranging between 6.5%…

Ahmed Adly

NREA called on Irrigation Ministry to provide water for Benban’s solar projects

Nile water is ruled out and to be replaced by wells

Mohamed Farag