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

Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman

Stock exchange tax must be stopped to deepen the market, executive regulation…

Mohamed Ayyad

Government halts 10% capital gains tax for 2 years after market investor pressures

Market indices increase more than 5% following the decision

Doaa Farid

Mehleb approves land in Maadi for Majid Al Futtaim project

The UAE-company’s five-year plan for Egypt includes investing EGP 3.9bn in the…

Doaa Farid

$50m to open first gypsum board factory in Suez 

The plant production capacity is 15m sqm of gypsum, 90,000 tonnes of…

Shaimaa Al-Aees

Franchising opens doors for exportation to local suppliers

 55 international and local brands, 11 countries will be involved in EFDA's…

Menna Samir

Financial policies most powerful tools to enhance Egyptians’ lives: Finance minister

The government has a clear plan to implement the 22% tax upon…

Mohamed Ayyad

Egypt Gas loses EGP 17.3m in Q1 2015

The company witnessed a workers’ strike in April

Doaa Farid

60m cubic feet monthly gas production cannot be compensated: EGAS official

Egypt’s current production is at 4.35bn cubic feet, says senior official

Mohamed Adel

Egypt-based 300 Years History to develop Safari Park for $1.1bn

22.36% housing ministry share to be recovered within 10 years, project implementation…

Daily News Egypt

FEB holds workshops with small companies to study financing processes: EUC member

The financing process has great importance for survival of small and medium-sized…