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

Maritime Academic Conference and Expo to kick off 9 November

The conference focuses on training for and utilising state-of-the-art marine technologies

Daily News Egypt

Raya IT witnesses 25% sales growth during H1 of 2015

Raya contracted with a government bank to implement an information and infrastructure…

Daily News Egypt

Moody’s lowers Volkswagen’s credit rating

US ratings agency Moody's has downgraded VW's credit rating in response to…

Deutsche Welle

Yellen: ‘December rate hike possible, not certain’

Fed Chair Janet Yellen told lawmakers the US economy is "performing well"…

Deutsche Welle

Mobile phone users drop by 0.8% in July

Mobile Internet is the highest growing by 2.6%, according to telecommunications sector…

Daily News Egypt

Public Authority for Services studies investing Egypt Post’s real estate assets

We are currently evaluating financial offers to use the post offices’ roofs…

Daily News Egypt

Deutsche Bank fined for violating US sanctions

Deutsche Bank will have to pay hundreds of millions of dollars for…

Deutsche Welle

WorldRemit launches money transfers to Egypt via mobile

WorldRemit currently enables more than 300,000 transactions per month and is available…

Shaimaa Al-Aees

Abraaj acquires majority stake in oncology, radiology centres

The group is establishing a local network for diagnosing and imaging tumours,…

Daily News Egypt

German companies interested in  Egypt’s energy sector: Investment ministry

Joint committee of investors and government agencies to speed up business launching…

Mohamed Ayyad