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

5% decline YoY in August auto sales: AMIC

Private cars acquired about 69% of the market with total sales of…

Daily News Egypt

186,000 cars sold in first 8 months of 2015: AMIC

Chevrolet continues to be highest seller, having sold 41,500 cars

Daily News Egypt

Pfizer invests EGP 100m to add production line, warehouse this year: Chairman

EGP 1.1bn expected company sales for 2015, six innovative products to be…

Daily News Egypt

Banknote issuance increases to 13.09% of GDP in June: CBE

The rate of banknote issuance reached about 15.06% of GDP in June…

Hossam Mounir

145,800 housing units were constructed during FY 2013/2014: CAPMAS

70.8% of the units were implemented through private sector investments of EGP…

Rana Yehia

KBBO Fund invests $2.7m in Egyptian search engine Yaoota

We aim to use investment to expand in the GCC in 2016,…

Daily News Egypt

Real Estate sector achieved good growth:  Metawee Group’s Chairman

The group’s investments exceeded EGP 1bn during the current year

Daily News Egypt

Egypt, World Bank sign MoU to improve investment environment

The MoU is part of Egypt's efforts to benefit from the World…

Mohamed Ayyad

44 companies obtain tender conditions for 200 MW solar power plant

15 companies to be shortlisted to choose the least expensive bid after…

Daily News Egypt

28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits

The CBE raised the Deposit Operation mechanism on Monday, in order to…

Hossam Mounir