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

Agreement between PBDAC and EHCSS to use bank’s land to store wheat: Cabinet

Agreement will change Egypt to an international logistics centre that collects, stores…

Mohamed Ayyad

Over 2000mW to be pumped to electricity grid in May to meet summer needs

Plan includes pumping around 3.25bn cubic feet of natural gas and 40,000…

Doaa Farid

Foreign investments targeted for FY 2014/2015 range between $6-8bn

Minister of Investments says target may be lowered to $6bn

Sara Aggour

EGAS chairman visits Cyprus to activate information exchange for Aphrodite gas imports

In the event of entering the deal, there is industrial sector energy…

Mohamed Adel

Egypt ranks 3rd in World’s Richest Arabs list: Forbes Middle East

Egypt contributes five names to top 20 Richest Arabs list

Menna Samir

17% sales growth in Egyptian automotive market in January-February 2015

Truck sales increased by 13%, as 9,500 trucks were sold in the…

Daily News Egypt

9.2 million children suffer from poverty

4.9 million children live under poverty line in rural Upper Egypt, 1.8…

Daily News Egypt

Potable water sector agreement to promote Egyptian investments in Rwanda

The project will provide the Water and Sanitation Authority with 40,000 cubic…

Daily News Egypt

Government studies introduction of unrated bonds: Investment Minister

The bonds will be offered to “sophisticated investors”, says Salman

Sara Aggour

Legalise hashish trade to combat budget deficit: Tobacco Traders

Legalising hashish trade will save EGP 4.2bn for national economy, says Salama

Shaimaa Al-Aees