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

LED lighting reduces energy consumption by up to 80%: Philips Lighting CEO

Philips is working on converting old street lighting in Cairo to LED…

Menna Samir

Philips considers partnering with local Egyptian producers: South Africa CEO

We are in discussions in Egypt about manufacturing consumer products with local…

Menna Samir

#SueMeSaudi: Twitter users taunt Saudi Arabia

The hashtag #SueMeSaudi is soaring after a source at the Saudi Arabian…

Deutsche Welle

Banking sector rejects value-added tax, seeks CBE’s assistance

Sources believe Amer is likely to agree to Federation of Egyptian Banks…

Hossam Mounir

CBE unable to meet EGPC’s dollar requirements

EGPC acquired $160m in October instead of $700m, says official

Mohamed Adel

10% decline in maritime operating costs due to New Suez Canal: Bank of Alexandria

Suez Canal boosts competition for available investment opportunities and new projects, according…

Mohamed Ayyad

EBRD allocates €1bn to support SMEs automotive sector

FEI to request parliament to contribute to economy reform in collaboration with…

Shaimaa Al-Aees

Government eyes 9.5% budget deficit, 5.5% economic growth

FY 2016/2017 draft budget will be the first discussed by parliament in…

Sara Aggour

South Korea passes free-trade bill with China

Korea's parliament has ratified a free-trade agreement with China, removing most tariffs…

Deutsche Welle

7 new real estate developers participate in Amar Ya Masr Exhibition in Kuwait

3maer-Egypt debuts Nasr City project in Amar Ya Masr Exhibition

Shaimaa Al-Aees