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

$30m direct monthly losses in Sharm El-Sheikh due to UK, Russian flight bans: Al-Zayat

Minister of Tourism Hisham Zaazou estimated monthly losses due to European flight…

Daily News Egypt

EgyptAir considers direct flights from Gulf to Sharm El-Sheikh, Hurghada in January 2016

1.6m Arab tourists visited Egypt last year, accounting for $1.5bn of $7.3bn…

Daily News Egypt

3.3% decline in manufacturing, extractive industries production index in October: CAPMAS

CAPMAS issued a metadata report of the production index of manufacturing and…

Shaimaa Al-Aees

GPX launches second data centre in Cairo

The new data centre (Cairo 2) offers its services to customers, on…

Daily News Egypt

Smart phones account for 91% of mobile phone sale revenues during Q3 of 2015

Android accounts for 92.6% of mobile phone sales in Egyptian market, according to IDC 

Mohamed Alaa El-Din

Jovi Tronix to increase to 10 customer service centres in 2016

We aim to increase HTC’s market share to 14% in 2016, says…

Mohamed Alaa El-Din

Siemens aims to boost economy through power plants

Daily News Egypt speaks with the German company's CTO about its new…

Shaimaa Al-Aees

WTO conference held in complex circumstances: Industry Minister

Qabil demands for the Arab League to be made WTO member as…

Shaimaa Al-Aees

AfDB approves a $500m loan for Egypt’s economic development programme

AfDB seeks to support Egypt's budget with $1.5bn over three years, says…

Shaimaa Al-Aees