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

Trade balance tips in favour of international blocs with EGP 33.5bn

Exports to international blocs decreased to EGP 190.4bn between 2013 and 2014,…

Sara Aggour

Ministry of Communications continues to counter TE’s monopoly over infrastructure

TE executives send letter to ministry accusing it of targeting company through…

Daily News Egypt

NBE delegation continues negotiations with 5 banks to promote dollar bonds

The banks are Citi Group, Deutsche Bank, HSBC, the National Bank of…

Daily News Egypt

Al-Ezz Dekheila Steel Company suffers losses, unstable gas supply

Steel producer will consider alternative sources of energy to make up decline…

Doaa Farid

El-Hekma sells 140 residential units in Green Paradise project: Sales Manager

Price rise in real estate expected after government announced giant projects’ implementation,…

Abdel Razek Al-Shuwekhi

High interest rates, lack of facilitated lands weaken mortgage finance initiative

Interest rates on financing units ranging from 14 to 17%, says Fikri

Shaimaa Al-Aees

Mehleb inaugurates AOI’s PV solar panels production line

The organisation is currently preparing for the establishment of a 50 MW…

Rana Yehia

Egypt drops to 47th in brand ranking in 2014/2015: Bloom Consulting

Significant decline noted in country’s online performance

Sara Aggour

Emaar Misr Board approve capital rise by EGP 600m

Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP…

Menna Samir

Tourism Federation requests activation of  Supreme Tourism Council to face problems : Board members

Ministries will not issue conflicting decisions that harm the sector if council…

Abdel Razek Al-Shuwekhi