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

Annual inflation in Egypt rises to 13.5% in May: CAPMAS

Vegetable prices rose by 7.7%, meat and poultry by 2.7%, and fruits…

Mohamed Ayyad

Ministry of Tourism increases security measures after Luxor bomb

We continue measures to ensure that no harm comes to anyone visiting…

Doaa Farid

Colors plans to launch crowd-funding campaign through Tennra

By Nesreen Ramsis Colors Company hopes to collect $25,000 through the crowd-funding…

Daily News Egypt

Elsewedy Electric registers EGP239m net profits in Q1 2015

Consolidated revenues in Q1 of 2015 decreased by 8%, to reach EGP 4bn versus EGP 4.3bn…

Daily News Egypt

HSBC dismisses employees, management in Egypt remains silent

According to a bank statement, 8,000 employees out of 48,000 employees who…

Daily News Egypt

Alexandria Port Authority completes 91% of 2015 investment plan: Chairman

Alexandria Port’s investment plan for current fiscal year amounts to EGP 460m,…

Return from insurance, pension funds in EGX double any other investment tool

EGP 100bn available for stock market investment, Minister of Social Solidarity highlights

Sara Aggour

Egypt discusses bilateral trade, joint investments with African ministers

Cairo will host meetings in September to discuss investment opportunities in Egypt,…

Shaimaa Al-Aees

Broad consultations with public companies, Arab Contractors to be listed on stock market: EGX head

We are aiming for 4.5% economic growth, 10.5% deficit and unemployment below…

Mohamed Ayyad

CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013

There has been a crisis in upholding foreign traders’ money in the…

Daily News Egypt