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

Invitation to Big 5 to review economic summit projects: Investment minister

Investment banks are considering 23 projects, with approximately 20 BOT and PPP…

Mohamed Ayyad

Government considers new iron, cement licences to fill local gap

Consultations with GAFI Board on final draft of amendments to investment guarantees…

Mohamed Ayyad

Continuing decline in Brent prices positively impacts Egyptian economy

“We will not increase fuel imports because the financial resources are not…

Mohamed Adel

Economic analysts agree with IMF report on Egypt’s economic status

Analysts request to amend monetary policy and take precautions with mega-projects in…

Abdel Razek Al-Shuwekhi

Oriental Weavers expects EGP 5.8bn in 2014 sales, 2 new factories planned

By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to…

Mohamed Ayyad

EGP 4.2bn annual losses due to poor wheat handling

Mousa said that estimated losses associated with non-human consumption are 670,000 tonnes,…

Daily News Egypt

Farmers request 12% increase in beetroot supply price

Farmers are also struggling to maintain profit margins, all of which increases…

Daily News Egypt

First economic stimulus package projects to end in Q1 2015: Planning minister

Many projects in the housing sector, part of the economic stimulus package,…

Doaa Farid

UAE to supply Cairo transport authority with 600 new buses

President of the authority indicates that the remainder of the authority's needs…

Menna Samir

Nuweiba-Taba Investors Association requests increased security measures

Investors Association requests Sharm El-Sheikh-style security measures due to fears of terrorist…

Abdel Razek Al-Shuwekhi