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

Egyptian Resorts Co achieves $ 21.4m net profits in H1 of 2015

The Egyptian Resorts Co achieved a profit in the first half (H1)…

Rana Yehia

Arabian Cement studies selling frozen shares

Company held an IPO in May 2014

Sara Aggour

Egypt Gas loses EGP 48.6m in H1 of 2015

Financial statements show revenues of EGP 544.68m, compared to EGP 290.1m during…

Rana Yehia

Mehleb receives export councils’ memorandum to review CBE’s policies

CBE governor does not accept requests to meet with exporters or importers,…

Shaimaa Al-Aees

Report: US telecom giant AT&T a key partner in NSA surveillance

Telecom giant AT&T reportedly played a "highly collaborative" part in helping the…

Deutsche Welle

CIB seeks to attract Vodafone, Etisalat to Automated Clearing House service

The Commercial International Bank-Egypt (CIB) will activate an agreement with Vodafone-Egypt and…

Hossam Mounir

NBE studies granting EGP 6bn to 32 large companies

Demands from foreign investors received, mostly from the Gulf, to fund projects…

Hossam Mounir

Egypt’s economy grew 3% in Q3 of FY 2014/2015: Dcode EFC

Real GDP growth reached 4.7% in first three quarters of FY 2014/2015,…

Rana Yehia

Twitter stops 140-character limit for Direct Messages

Micro-blogging site updated rules for sending and receiving Direct Message four months…

Daily News Egypt