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

Amer Group establishes company in Dubai to handle projects: Investor relations manager

Company’s capital stands at AED 1,000, divided into 10 shares with a…

Doaa Farid

Omega Soft, Suez Canal Authority negotiate to supply financial, administrative solutions

Company will grant licences and solutions for Applied Systems free of charge…

Shaimaa Al-Aees

EGAS, Rosneft negotiate technical, financial details for 24 LNG shipments

The Egyptian Natural Gas Holding Company (EGAS) and Russian government-owned Rosneft are…

Mohamed Adel

Al-Abbar requests reduction in administrative capital project share to 20%

Sources say Housing Ministry may approve request on condition investors commit to…

Daily News Egypt

Metawee Group invests EGP 750m in new ‘Blue Blue’ project

Project is located in Ain Sokhna and covers 121,000 sqm

Daily News Egypt

IMF projects slower growth in emerging markets

Growth in emerging markets and developing countries will reach 4.2% in 2015,…

Menna Samir

$422.9m Arab Bank Group’s net profit in first half of 2015

Loans and advances grew to reach $24.1bn, compared to $23.7bn on 30…

Daily News Egypt

Market awaits US dollar’s trend at start of working week

Expectations of new rises in US currency’s price against Egyptian pound

Hossam Mounir

Banque du Caire launches charity convoy for third consecutive year

Banque du Caire has continued its organisation of the charities convoy launched…

Daily News Egypt

3 banks arrange syndicated loan of EGP 1.3bn for Evergrow

List includes AAIB, National Bank of Egypt and Abu Dhabi Islamic bank

Daily News Egypt