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

China’s ambitious Silk Road strategy

An important element of Chinese foreign policy is the Silk Road initiative,…

Deutsche Welle

EU, Russia, Ukraine trade talks fail

Negotiations between the European Union, Russia and Ukraine aimed at resolving disagreements…

Deutsche Welle

Investment minister calls on NUCA to prepare lands before offering them for investment

Saudi Arabia investment pledges rely on readiness of Egyptian projects and results…

Mohamed Ayyad

Reduction of 22.5% income tax in SEZone possible: Darwish

Dimian requested increasing 10% tax rate in the Suez Canal Zone to…

Sara Aggour

Devaluation is the sole option in Egypt: EFG Hermes

Non-financial companies that will benefit EGP devaluation will include OTMT, Oriental Weavers,…

Sara Aggour

Egypt’s overdue debts prompt BG to further postpone linking gas fields to mid-2016

Project will only offset the natural decline of fields production, says official

Mohamed Adel

Investments in Palm Hills’ New Cairo project at EGP 35bn: Minister of Housing

NUCA's share of revenues is 42% of the total project revenue, according…

Mohamed Ayyad

WTO agrees agri-subsidies deal

The World Trade Organization talks have produced a deal to slowly phase…

Deutsche Welle

Thai Union to swallow German seafood leader Rügen Fisch

The world's largest tuna processor, Thai Union, intends to acquire a majority…

Deutsche Welle

Google releases search database statistics for Egypt

2015's year in search: Suez Canal and electro chaabi among most searched…

Mohamed Alaa El-Din