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

45% decrease in non-tax revenues during 8 months

Total income tax revenues decreased to 28% during the period from July…

Shaimaa Al-Aees

Emirates NBD Egypt net profit hikes 22% in 2014

Total assets increased by 20%, registering over EGP 24.3bn

Doaa Farid

2 agreements to increase the production capacity of MIDOR refinery lab

Production per year will increase to 245,000 tonnes of butane and about…

Daily News Egypt

Annual inflation jumps to 11.8% in March

CAPMAS attributed the rise to increase in food commodities’ and beverage products’…

Menna Samir

Electronic visa potentially to boost tourism, draw new visitors

The new system, expected to come into effect in eight months, will…

Dahlia Kholaif

Hotels, companies concerned over increasing energy prices: Tourism workers

Finance Ministry decreases financial allocations for new and renewable energy from EGP…

Abdel Razek Al-Shuwekhi

Egyptian-Sudanese agreement to provide postal parcels

A Sudanese Post delegation visited Egypt in the framework of Egyptian interest…

Shaimaa Al-Aees

Arab Fund loans Egypt $216m for power station

Egyptian minister of international cooperation held meetings in Kuwait, in framework of…

Menna Samir

NUCA budget doubled to EGP 28bn in FY 2015/2016

New Upper Egypt cities will have a share in Authority’s development plans

Sara Aggour

Shell to acquire BG for $70bn

25% increase in oil and gas reserves of Royal Dutch Shell

Mohamed Adel