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

Orascom Construction Industries registers EGP 789.6m profit in Q1 2015

Company turns to profit after registering an EGP 207.9m during the same…

Sara Aggour

NUCA invests EGP 4.7bn during Q1 of FY 2015/2016

NUCA's budget in current fiscal year reached EGP 33.2bn

Rana Yehia

Digital products and technology company, A15, launches in Egypt

Our business is valued at $100m and we are considering investing in…

Daily News Egypt

Lift Slab board approves capital increase, new activity

The EGP 43m increase will be distributed in 4.3m shares with a…

Rana Yehia

$63.27bn worth of international trade between Egypt and world in 9 months: CBE

The US and China are Egypt’s largest trading partners, the UAE is…

Hossam Mounir

Ownership of NCGC to be transferred to Holding Company for Cotton Spinning and Weaving

Privatisation of the Nile Cotton Ginning Company (NCGC) was halted by the…

Doaa Farid

World Bank funds sewage projects in Egypt for $1.1bn: Cabinet

The fund will serve 155 villages and will be provided in two…

Mohamed Ayyad

Schneider Electric aims to double growth within next 5 years: Executive VP

Company is following government’s master plan, which is investing in renewable energy,…

Sara Aggour

Presidency seeks to convert Long live Egypt Fund to EGP 100bn fund

Government consultancy offices offered to implement Suez Canal, renewable energy projects to…

Daily News Egypt

United Bank seeks new, strong banking entity: Abdel Hamed

The bank aims to finalise bad debts portfolio, spread its branches and…

Hossam Mounir