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

International lenders see economic recovery in Egypt

IFC interested in investing in Suez Canal corridor project, says IFC MENA…

Doaa Farid

New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive

Gas discovery will, however, enhance economy, reduce budget deficit and create job…

Doaa Farid

Blackstone to acquire Strategic Hotels

Blackstone has agreed to buy real estate investment trust Strategic Hotels &…

Deutsche Welle

KPC to establish representative office in Egypt to market products: El Molla

Egypt imports 1.5m-2m barrels of crude oil every month from Kuwait, which…

Mohamed Adel

Egypt’s economic reforms are not enough, but one step of many: British Ambassador

BP and BG investments promised during March 2015 Economic Summit in Sharm…

Mohamed Ayyad

Salman affirms CBE’s independence

Following controversial statements on Egyptian pound depreciation, investment minister Salman attempted to…

Mohamed Ayyad

 First Equity Partners to become integrated investment bank by end of 2015: Maghawry

New bank to be created to invest in rehabilitation of troubled factories…

Mohamed Ayyad

Egypt is first line of defence for Arabs: Al-Saheen

Market share of Egyptian Steel will jump to 25% by end of…

Mohamed Ayyad

Amendments to the investment law before end of 2015: GAFI Chairman

Full agreement with the taxes and customs authorities over the special free…

Mohamed Ayyad

 Kia, Renault agent looking into car assembly plants in Egypt: Youssef

Lack of currency availability led to increased car prices in parallel market,…

Daily News Egypt