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

MNHD posts EGP 91m net profit in Q4 of 2015: El-Hitamy

Company attributes revenue growth to increased business size and commitment to delivery…

Daily News Egypt

Achieving democracy increases per capita GDP by 4% until 2020

Close relationship between democracy, achieving high economic growth but only where complete…

Abdel Razek Al-Shuwekhi

Ministry of Supply initiates unified electronic trade network

The network will link wholesale companies, consumer complex companies, Food Industries Holding…

Mohamed Farag

CBE appoints Alsayed Al-Qussair as chairman of PBDAC

Al-Qussair succeeds Atteya Salem, the former chairman of PBDAC

Hossam Mounir

Government unlikely to achieve expected GDP growth: HC Securities

The investment bank estimated that GDP growth will not exceed 3.4% while…

Daily News Egypt

Private banks wait on public banks to make first move to raise interest rates

Return on treasury bills for 3, 9 months increased after CBE lifted…

Hossam Mounir

53 US companies seek investment opportunities in Egypt: American Chamber of Commerce in Egypt president

Egyptian-US collaboration to complete economic reform in Egypt, plan to increase trade,…

Mohamed Ayyad

NAT accepts Alstom Hyundai technical bids for provision of metro train carriages

Chinese CSR offer rejected after scoring less than 80% in technical evaluation

Mohamed Alaa El-Din

SECON to start withdrawing loan acquired from Banque Misr, NBE before end of March

Company will not borrow from banks currently, will participate in major national…

Hossam Mounir

Holding company to reroute utility lines interrupting construction of Cairo Metro Line 4

The tender included the redirection of utility lines at five of Cairo's…

Mohamed Alaa El-Din