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

Eni gas discovery to alleviate balance of payments pressures: Moody’s

Recent gas discovery is positive credit for Egypt, says report

Sara Aggour

EGX rises minimally, remains affected by global performance

Response of capital market was violent following expectations of a global economic…

Sara Aggour

EGOTH prioritises investing in company’s assets in FY 2015/2015: Chairman

Last year was difficult, but we managed to take advantage of the…

Abdel Razek Al-Shuwekhi

Europe is more accessible for Egyptian tourists

Destination 31-Explore Earth Company started to focus on countries that are not…

Daily News Egypt

Egypt to host ‘The Future of Energy in Egypt’ forum

Participants are meeting in response to Future Energy Corporation's call to develop…

Daily News Egypt

US dollar registers EGP 8 at exchange companies

Pharos expects the dollar exchange rate to drop to EGP 8.5 during…

Doaa Farid

How China’s downturn is impacting Southeast Asia

The turmoil in China's stock markets, coupled with the country's languishing economy,…

Deutsche Welle

CBE approves CIB’s acquisition of Citibank retail portfolio

The Central Bank of Egypt (CBE) approved, on Tuesday, the Commercial International…

Hossam Mounir

Shell asks EGPC to agree on Al-Abyad shale gas price

Studies to assess layers and reserves are being conducted to determine required…

Mohamed Adel

Electricity Ministry cancels tender for 50,000 smart electricity metres, replaces with another

Twelve companies, including Elsewedy, Global, Siemens, and Huawei, bought new tender specifications…

Daily News Egypt