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

Ericsson suggests ‘connected digger’ technology for New Suez Canal projects

The “Connected Digger” gives the operator an experience of controlling the machine…

Daily News Egypt

2 bridges totalling EGP 120m to be implemented to support Suez Canal Axis development

Bridges will transport trucks directly from Port Said Port to El-Raswa Ferry…

Rana Yehia

Banks, individuals can fund Capital Cairo project: EFCBC head

Egyptian real estate development companies can fund the other four stages of…

Shaimaa Al-Aees

KIMA’s profits in FY 2014/2015 down 10%

Company’s net profits registered EGP 95.9m during previous fiscal year

Doaa Farid

Trade deficit sees 4.4% hike in Q3 of FY 2014/2015

In a country that is more dependent on imports, it is generally…

Menna Samir

Upper Egypt-Red Sea road to be implemented in 1year

Road to cost EGP 104m, the ministry of housing indicated

Daily News Egypt

Petroleum ministry finalises project connecting natural gas to new Ismailia: Minister

New Ismailia will serve New Suez Canal Axis development plan and absorb…

Mohamed Ayyad

5 Egyptian banks among world’s top 1,000 banks: Union of Arab Banks

The Banker magazine report monitored largest world banks, according to Tier1Capital

Hossam Mounir

Ministry of Industry continues free trade negotiations with African IMO, CEMAC blocs

Egypt is interested in cooperation with Africa, as it is the second-fastest…

Shaimaa Al-Aees