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

Egyptians ask minister if he can live on EGP 2 per day

“If you can live on EGP 2, so can we,” citizen says…

Shaimaa Al-Aees

Egypt has great growth potential: ABK leaders

Bankers discuss new vision for Egyptian operations after Piraeus acquisition

Hossam Mounir

Sawiris conglomerate: From small Upper Egypt business to world’s billionaires lists

Members of the family operate in construction, hotels, telecom, and media sectors,…

Doaa Farid

Suez Canal announced as economic zone

Former minister Ahmed Darwish to head Suez Canal economic zone

Sara Aggour

320 ships transit Suez Canal, with an increase of 1.3%

Average per ship load reached 56,567 tonnes, compared to 60,404 tonnes during…

Daily News Egypt

Subsidy bill jumps to EGP 15.8bn in July-August 2015: CAPMAS

Rationed commodities acquire largest amount in subsidy bill, amounting to EGP 8.3bn…

Mohamed Ayyad

Petroleum exports drop by 38% while imports surge by 4.7%: CAPMAS

Production of petroleum products, including natural gas, decline during September

Daily News Egypt

Tax revenues reach EGP 36.1bn from July to August

Tax on goods and services accounted for first place of tax revenues,…

Daily News Egypt

SCA signs settlement with Mashreq Petroleum to withdraw concession lands

Lands are allocated to establish a terminal for storage and handling of…

Daily News Egypt

Afreximbank allocates $1bn for 10 of Egypt’s commercial banks led by NBE

Distribution of money to banks will be based upon their requirements for…

Shaimaa Al-Aees