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

39.3% increase in value of economic bodies’ production requirements in 2013/2014: CAPMAS

13% increase in value of economic bodies’ wages in 2013/2014

Daily News Egypt

Pirelli Egypt signs unique €2m agreement with Social Fund for Development

Aiming to finance small & medium enterprises to launch a new franchise…

Daily News Egypt

National council and financial allocations for climate change: Mehleb

The council will settle national plans related to climate change and link…

Mohamed Ayyad

7 reasons led to CBE’s EGP devaluation against dollar in 2 days: Expert

Limiting imports and attracting foreign investments are main reasons for making this…

Hossam Mounir

NBK reports net profits of $541m for 1H of 2015

The National Bank of Kuwait (NBK) reported net profits of $541m (KD…

Daily News Egypt

Cabinet cancels decision to ban cotton imports

Greece had threatened to ban Egyptian exports if cotton imports are banned

Shaimaa Al-Aees

Moody’s stable outlook for banks followed positive performance: Banking expert

Ratings agency Moody’s upgrades banking sector outlook from negative to stable

Doaa Farid

9% decline in mobile phone users in April

In April, the number of mobile phone users went down by 9%…

Daily News Egypt

Cost of ADSL services increases in Q1 of 2015

Internet services cost $10.1 per subscription, while mobile phone services cost $2.8

Daily News Egypt

Raya mulls contracting with Haier for local product distribution

60% increase in distribution network, Raya will open Mega Store Nasr City…

Daily News Egypt