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

Economic recovery positively impacts banks’ performance

Significant rise witnessed in loans and deposits in Egypt’s banking sector in…

Daily News Egypt

REACAP sells Alexandria land piece for EGP 332m

EGP 120m of 13,452 sqms land sale went to REACAP

Sara Aggour

Egypt, Switzerland trade volume CHF 1bn in 2014: Swiss Ambassador

We have invested some CHF 25m that covers our framework agreement with…

Menna Samir

COMESA activation promotes Egyptian pharmaceutical exports to Africa: El-Ezabi

Medicine and food imports are CBE priorities, says head of the Pharmaceutical…

Shaimaa Al-Aees

ETF to demand banks initiate purchase of bankrupt companies: Official

Big banks that would be asked to execute plan are NBE, Banque…

Arabian Cement’s net profit declines 52% despite 11% revenue increase

Devaluated Egyptian pound, high cost of transportation result in “tough quarter” for…

Sara Aggour

1m tonne increase in Egyptian wheat production: Grain Industry Chamber

Reduction of imported wheat reaches 4.6m tonnes compared to 6.4m tonnes last…

Shaimaa Al-Aees

Dana Gas, BP sign participation agreement

BP to start drilling in El-Matariya onshore Concession Area in first half…

Sara Aggour

REACAP sells 13,452 sqm land for EGP 332m

EGP 120m of Alexandria land sale went to REACAP

Sara Aggour

3% reduction in car sales during first 4 months of 2015

The market recorded sales of about 14,800 passenger cars in April, compared…

Daily News Egypt