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

‘Enormous’ investment demand in Asia

The Asian Development Bank wants to contribute to the reduction of poverty…

Deutsche Welle

SunCity Mall Invests EGP 40 Million in Facility Development in 2015

The extension of Fun Kingdom is now 80% operational and is open…

Daily News Egypt

SODIC records 21% increase in net profit in 2015

Delivery of high-margin units, growth of cash collections account for growth

Daily News Egypt

Beta Technology Egypt negotiates with 2 banks to finance EGP 160m factory

We aim to manufacture VR glasses, wireless laptop chargers, says CEO

Mohamed Alaa El-Din

Nissan introduces new hatchbacks at Automach Formula 2016

The chairman and managing director of Nissan Motors Egypt, Isao Sekiguchi, said…

Mohamed Aboul-Fotouh

14 million citizens consume electricity without payment: cabinet

Government has installed new electric meters, but adherence to electrical code will…

Mohamed Ayyad

Russia mulls resuming direct flights to Egypt

Russia's top diplomat has announced Moscow's intentions to resume flights to Egypt…

Deutsche Welle

Eni to link 4 wells in Zohr field to national gas network by mid-2018

We have concerns about Egypt’s ability to pay our dollar dues in…

Mohamed Adel

CBE sells $1.5bn to cover portion of temporary credit facilities to importers

Banks are required to redeposit amounts obtained in the CBE auction with…

Hossam Mounir

French government braces for more street protests despite amended labour bill

France can expect to see more unrest as the government attempts to…

Deutsche Welle