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

Prime Minister looks into advancement plan for textile industry on Tuesday: cabinet

Establishing zones for textile industries close to rural and agricultural areas is…

Mohamed Ayyad

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid

EBRD provides $100m to Savola’s United Sugar Company of Egypt

EBRD recently signed several loans and agreements with the Egyptian government, companies…

Daily News Egypt

France’s Alstom to supply EETC with 5 transformer stations for €200m

The ministerial economic group also agreed to allow the EETC to resume…

Mohamed Farag

Red Sea, South Sinai resorts expect Egyptian holidaymakers to increase occupancy: politicians

Egyptian tourism in severe decline since the Russian plane crash last October

Abdel Razek Al-Shuwekhi

Novovoronezh NPP launches first criticality program of AES-2006 power unit

First stage of criticality ensures additional safety, fuel assembly dummies, says plant…

Daily News Egypt

HSBC to introduce mortgage loans in 2016

Loans to be introduced to premier clients first

Sara Aggour

17.5m mobile devices sold in Egypt in 2015: Raya Trade CEO

We have increased the prices of some Microsoft devices by 4% due…

Mohamed Alaa El-Din

TE cooperates with NUCA to modernise telecom infrastructure

 Eitesal holds conference to look into application of technological solutions for infrastructure…

Mohamed Alaa El-Din