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

Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016

The dollar’s value rose from EGP 7.18 in January to EGP 7.83…

Hossam Mounir

2015 without outages or minimised loads: Electricity Ministry overcame the dark 

Minister of Electricity Mohammed Shaker said the ministry increased the capacities of…

Mohamed Farag

Zohr discovery stimulated increased investments in gas prospecting in Mediterranean: Official

Egypt to increase gas production to 5.3bn cubic feet after linking part…

Mohamed Adel

Egypt’s nuclear dream realised with Russian technology after 60-year delay

Egypt will enter 2016 with economic solutions for the provision of sustainable…

Mohamed Farag

German stocks index rises for fourth consecutive year

Germany's blue-chip stocks index, the DAX-30, has completed a fourth year of…

Deutsche Welle

Should we use robots to care for the elderly?

Robot Alice is designed to help the elderly. Her childlike face and…

Deutsche Welle

Stock market performance in 2015

15 new companies listed in the EGX in 2015

Daily News Egypt

Apple to pay Italy millions to settle tax fraud case

US consumer electronics giant Apple has agreed to pay 318 million euros…

Deutsche Welle

Karama and Takafol programmes assist low-income areas in absence of Brotherhood charities

The main challenge faced by the programmes is lack of accurate data,…

Shaimaa Al-Aees

Lagarde: Growth will be ‘disappointing’ in 2016

A combination of rising interest rates in the US and weakening expansion…

Deutsche Welle