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

New internet licence framework under construction

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

Daily News Egypt

20% decline in computer sales in Q3 2015

Weak purchasing power and currency troubles to blame, says IDC

Mohamed Alaa El-Din

High speed train deal to be signed next week: Transportation minister

Price of new metro line tickets will be higher than old lines

Sara Aggour

EGP 8.5bn to be pumped in new capital, 1.5m acres 

The share of the 1.5m acres project will amount to EGP 3.5bn…

Sara Aggour

Supreme council to be formed for auto industry

Automotive industry strategy is about to be finalised, according to the Minister…

Mohamed Ayyad

EGP 2.2bn in direct monthly losses due to Russian plane incident: Tourism Minister

Occupancy rates in Red Sea area have declined from around 70% to…

Rana Yehia

GB Auto investments suspended due to dollar shortage: Ghabbour  

GB Auto’s new investments are suspended due to the dollar shortage, CEO…

Hossam Mounir

Egypt launches strategy to produce 1m cars in Egypt by 2025: Qabil

The strategy is to attract international companies in the automotive market to…

Mohamed Ayyad

Obstacles discussed at Egypt Automotive summit

Several investment plans by Nissan are on hold due to foreseen risks, …

Menna Samir

Mega-projects event aims to drum up investors

Government seeks $173bn to fund outstanding development projects

Shaimaa Al-Aees