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

Businessmen, officials dispute steel protection fees

Local producers will raise prices as steel demand will increase, extra imposed…

Menna Samir

Tourism ministry to require electronic visas for Hajj next year: Official

Religious tourism is the main activity for more than 2,000 companies since…

Abdel Razek Al-Shuwekhi

EFI, CBE meeting on cashless society proposal postponed

Draft law will help stabilise Egyptian economy and organise market and economic…

Shaimaa Al-Aees

Mehleb allocates EGP 10m to Ministry of Environment: Cabinet

Mehleb’s meeting with Tahya Masr executive committee identified three national projects to…

Mohamed Ayyad

Edita, Hostess Brands sign $12m contracts

To finance the contract, Edita will receive EGP 90m medium-term loan from…

Sara Aggour

Egypt’s economic growth in 2H of 2014/2015 to be between 4.2%-4.5%: Salman

Investment Minister Ashraf Salman reveals government forecasts to state-run MENA

Dahlia Kholaif

Sugar prices remain stable after duties imposed on imported sugar: Mehleb

Import duties enforced to protect local industry from global price fluctuations says…

Mohamed Ayyad

Timeframe for EFG Hermes capital increase yet to be announced: Investors’ Relations

EFG Hermes plans to increase capital by EGP 391.83m

Doaa Farid

Sanmar India pumps $350m new investments in Egypt

Indian companies willing to pump investments in several projects, including solar units…

Daily News Egypt

Sun City to be established by coalition of foreign, Arab companies: AGI Chairman

Arabia Group for Investment negotiates with Housing Ministry to establish Sun City…

Abdel Razek Al-Shuwekhi