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

Nivex Agricultural Investment records EGP 1.6bn in sales last year and targets 10% growth

Exports represent approximately 90% of the company’s annual transactions; the other 10%…

Selim Hassan

The end might be near – for Mayer, and for Yahoo

After announcing huge losses and massive job cuts, tech giant Yahoo faces…

Deutsche Welle

Another round of high inflation anticipated following new custom tariffs

Government custom revenues recorded 8.7% of total value of imports in first…

Doaa Farid

EGOTH loses EGP 43m in 3 months after downing of Russian aircraft

Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP…

Abdel Razek Al-Shuwekhi

Transport Ministry aims to facilitate trade movement through set of expansionary projects

Dependence on rail and river transport saves EGP 6bn per year, says…

Rehab Saber

Land access challenges, weak government investment hinder agricultural industrialisation

50% of field crops lost annually due to storage and transportation methods:…

Selim Hassan

Domestic consumption headed towards large, smart TVs: Head of Samsung TV Egypt

We plan to cut down on the prices of smart televisions, since…

Mohamed Alaa El-Din

Al-Bustaniya Agricultural Development to invest EGP 25m this season: Chairman

Company exported 9,000 tonnes of agricultural products last year, says Hisham El-Meligy

Basma Bahaa

Limited impact Russian plane crash on food commodities shipped via passenger plane

Passenger aircraft carry 10% of goods shipped by air: Hassan Aziz

Aisha Zidane

Decline in rouble, euro brought Al-Taj Al-Thahabi’s sales down by 20% in 2015: Chairman

High production costs, weak public and private investment threaten the agricultural sector…

Selim Hassan