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

Shell, Apache to start first shale gas production next February: EGPC Chairman

Second well in Apollonia field to be linked to national gas network…

Mohamed Adel

ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees

NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015

The bank has pumped EGP 3.5bn into SMEs sector

Doaa Farid

Cabinet agrees $400m World Bank loan for social safety nets: El-Kawish

Loan will support Egypt in creating "Solidarity and Dignity" cash support programme,…

Mohamed Ayyad

Knauf targets $15m gypsum boards sales through new Egyptian factory

By Ahmed Adly Sales from German company Knauf’s recently opened factory in…

Daily News Egypt

41.4% decrease in foreigners working in Egypt’s government sector: CAPMAS

Number of foreign workers in any facility and its branches is not…

Shaimaa Al-Aees

Franchise Exhibition kicks off Wednesday

EGP 60bn total investments in franchise industry in past few years 

Menna Samir

COMESA economic investment forum in Egypt next October

“We are studying establishing a unit at GAFI to provide economic and…

Mohamed Ayyad

UNDP, USAID provide EGP 13.8m for WWII landmines clearance programme 

“Britain did not meet our expectations in its intervention to remove landmines,”…

Menna Samir

Emaar Misr yet to receive approvals on listing 13% of stakes

UAE-based parent firm Emaar will keep 87% of shares in Emaar Misr…

Doaa Farid