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

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

Government failing on use of funds: EFSA chairman

More bonds could be issued to finance mega projects, says Sherif Samy

Mohamed Ahmed

How will the government acquire financing sources for national projects?

The presidency announced several times that it supports the implementation of billion-pound…

Mohamed Ahmed

1.5m-acre land reclamation project makes progress

Reclamation of 0.5m acres to begin before 2015 ends

Daily News Egypt