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

IDA chairman reveals details of land allocation

The chairman of the Industrial Development Authority (IDA) has revealed details of…

Daily News Egypt

Banks seek to boots customer base, sell loans

Industry figures say more personal borrowing for cars will boost economy

Hossam Mounir

Siemens to increase research, development investment to €4.8bn

We seek real achievement in Cairo, not just collecting money and bringing…

Shaimaa Al-Aees

Ministries, CBE negotiate with foreign banks to postpone refunding installments

  The Ministries of Petroleum and of Finance and the Central Bank…

Mohamed Adel

Egypt increases crude imports from Kuwait

Extra 500,000 barrels per month to be supplied for refineries

Mohamed Adel

Huawei to consider establishing smartphone assembly factory

We aim to turn Egypt into a centre for exporting smart devices…

Mohamed Alaa El-Din

HTC acquires 8% of market sales in first 9 months of 2015

HTC ranks second in terms of financial value of sales, said Abdel…

Daily News Egypt

Egyptian GITEX participants expected to sign EGP 30m deal: ITIDA

A survey revealed that 100% of attendance was motivated by preparing for…

Daily News Egypt

Saudi Arabia leads Middle East mobile phone sales with 57% share

Smartphones represent 78% of devices sold during Q3 2015, according to IDC…

Mohamed Alaa El-Din

New internet licence framework under construction

Telecoms regulator plans to grant licences to two companies in each governorate

Daily News Egypt