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

$3.7bn surplus in balance of payments for FY 2014/2015: CBE

FDI in Egypt increased to $6.4bn the past FY

Hossam Mounir

China seeks to reassure financial markets

China's Premier is trying to soothe international concerns over market volatility and…

Deutsche Welle

Mac Optic to build petrochemical plant in Gulf of Suez: Vice President

Company signed contracts with Nigerian companies, negotiations underway with Iraqi government for…

Shaimaa Al-Aees

EFSA commissions EGX to put in place rules for private placements

Regulations include deposit of 25%-33% of purchase order value to control exaggeration…

Shaimaa Raafat

Mubasher seeks investment funds management activity licence from EFSA

Company to organise promotional tour in GCC this month to attract financial…

Daily News Egypt

EGX loses 19.5% after government announced capital gains taxes postponement

Continued tax deductions from foreigners, international and local crises stopped benefits from…

Daily News Egypt

Aggravated absence of transparency risks, delayed parliament reduce IPO stock market attractiveness

Risk package caused liquidity reduction, fluctuation in stock market performance putting future…

Daily News Egypt

7% growth in tourist arrivals expected by year-end: Minister of Tourism

Ministry to follow a powerful marketing and promotion technique, either through targeting…

Abdel Razek Al-Shuwekhi

$3bn ready to be invested in automotive industry in Egypt if regulatory legislation changes: Ghabbour

The political track is promising, but the government pampers the people with…

Mohamed Ayyad