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

Industry Ministry discusses ways to support textile industry

The National Strategy for Textile Industries aims to increase exports to $10bn…

Shaimaa Al-Aees

12% decline in cargo transiting in Suez Canal last week

316 passed through the canal with total cargo of 18.3m tonnes

Daily News Egypt

Ministerial committee formed to develop framework for economic, monetary policy

Committee includes CBE governor, and will deal with negotiations with finance and…

Mohamed Ayyad

EBRD to focus on financing renewable energy projects in Egypt

Bank received funding requests from 67 companies, hundreds of millions of euros…

Hossam Mounir

UAE signs MoU for 10 projects in Matruh governorate

The first tourism project is to develop the Agiba plateau with investments…

Shaimaa Al-Aees

Tax increase of flight tickets to bring in EGP 600m: Tax Authority head

Current taxes collected from flight tickets amount to EGP 270m

Sara Aggour

Spending on parliament campaigns declines by 50%: Campaign official

Unofficial campaigning expected during the second round

Sara Aggour

Spain not hit by VW investment revision

The government in Madrid has said Spain will not be affected by…

Deutsche Welle

OTMT, Act’s intention to acquire Beltone positively affects stock market

OTMT’s share of the offer is 87% and Act’s share of the…

Rana Yehia

Food industries represent 20% of air exports

Agricultural crops see highest demand

Daily News Egypt