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

Production index surges by 8.8% in one month

Production index for metals and transportation equipment increases, while food index drops

Daily News Egypt

Sawiris pumps investment in Shaghalni recruitment website

We plan to increase presence on the local and regional levels, says…

Mohamed Alaa El-Din

City Centre Almaza construction kicks off, Salman hastens completion

The armed forces undertook construction of the roads and bridges surrounding the…

Doaa Farid

Additional $32m to boost security measures in tourist resorts

Two attacks took place last Thursday and Friday in Giza and Hurghada

Sara Aggour

Cap on foreign currency deposits expected to be removed by year-end: FEI head

Unnecessary importation led to the shutting down of at least 2,000 leather…

Sara Aggour

Tourism income indicators expect to show decline of 18% in 2015: Tourism Minister’s advisor

Ministry to establish national carrier to avoid tour operators’ monopolisation and rerouting…

Abdel Razek Al-Shuwekhi

Ministry of Aviation’s petroleum dues increased to EGP 7bn by November

Debt increased due to the suspension of payment of the entire value…

Mohamed Adel

HOTAC incurs EDP 30m losses due to decline in tourism: Chairman

If occupancy rates continue to decline, revenues will be affected in 2016,…

Walaa Gamal

Egypt’s debt burden to see no relief as infusion of debt stimulus to spiral upward

After the EEDC, at least $8.3bn in loans has been agreed to…

Doaa Farid

Banking intermediation credit to private sector at 32% until 15 September

The overall share of funds to SMEs in the loans portfolios of…

Daily News Egypt