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

Effect of oil prices to reflect on Q3 2014/2015: Osama Kamal

Brent crude oil decline to $50 per barrel

Sara Aggour

International foreign reserves drop to $15.3bn

Egypt’s BOP recorded $410m surplus in Q1 2014/2015

Sara Aggour

Tax authority exempts 1m units of tax

Families with housing worth under EGP 2m are exempted from taxation

Hend El-Behary

Stock markets losses EGP 9.4bn

Trading on Orascom Hotels and Development stocks started during Tuesday’s session

Sara Aggour

Egyptians expatriate remittances equivalent triple to Suez Canal revenues: World Bank

Egypt tops Arab world in terms of expatriate remittances, estimated at $20bn…

Shaimaa Al-Aees

Agriculture minister to meet textile, weaving entities Thursday: Chamber official

Various topics on the table for discussion, including government decision cutting cotton…

Abdel Razek Al-Shuwekhi

59.9% Bisco Misr shares to be acquired by Kellogg’s

Banque Misr, which has 7% shares in Bisco Misr, refuses to give…

Menna Samir

Al-Sisi launches Kuwaiti-Egyptian Relations Council

President pledges to solve Kuwaiti investors’ issues, reform legislations

Doaa Farid

Egypt to issue bonds on international markets after higher credit ranking: Cabinet

Lowering dues of foreign oil companies, amending investment laws and resolving conflicts…

Mohamed Ayyad

Egypt Dairy to be re-operated: Hanafy

Re-operating Egypt Dairy is possible however investments and modern equipment are needed,…

Menna Samir