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

GPX launches second data centre in Cairo

The new data centre (Cairo 2) offers its services to customers, on…

Daily News Egypt

Smart phones account for 91% of mobile phone sale revenues during Q3 of 2015

Android accounts for 92.6% of mobile phone sales in Egyptian market, according to IDC 

Mohamed Alaa El-Din

Jovi Tronix to increase to 10 customer service centres in 2016

We aim to increase HTC’s market share to 14% in 2016, says…

Mohamed Alaa El-Din

Siemens aims to boost economy through power plants

Daily News Egypt speaks with the German company's CTO about its new…

Shaimaa Al-Aees

WTO conference held in complex circumstances: Industry Minister

Qabil demands for the Arab League to be made WTO member as…

Shaimaa Al-Aees

AfDB approves a $500m loan for Egypt’s economic development programme

AfDB seeks to support Egypt's budget with $1.5bn over three years, says…

Shaimaa Al-Aees

Federation of Egyptian Banks, Tax Authority settle disputes regarding stamp tax

The Federation of Egyptian Banks and the Egyptian Tax authority have reached…

Hossam Mounir

Hermes carries out transactions exceeding $1.4bn in capital market in 2015

EFG Hermes concluded on Tuesday its advisory to Medsofts Group on its…

Daily News Egypt

CBE may raise interest rate on the pound next Thursday: analyst

Rising inflation and expectations of higher dollar interest may raise the interest…

Hossam Mounir