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

Egypt Gas loses EGP 48.6m in H1 of 2015

Financial statements show revenues of EGP 544.68m, compared to EGP 290.1m during…

Rana Yehia

Mehleb receives export councils’ memorandum to review CBE’s policies

CBE governor does not accept requests to meet with exporters or importers,…

Shaimaa Al-Aees

Report: US telecom giant AT&T a key partner in NSA surveillance

Telecom giant AT&T reportedly played a "highly collaborative" part in helping the…

Deutsche Welle

CIB seeks to attract Vodafone, Etisalat to Automated Clearing House service

The Commercial International Bank-Egypt (CIB) will activate an agreement with Vodafone-Egypt and…

Hossam Mounir

NBE studies granting EGP 6bn to 32 large companies

Demands from foreign investors received, mostly from the Gulf, to fund projects…

Hossam Mounir

Egypt’s economy grew 3% in Q3 of FY 2014/2015: Dcode EFC

Real GDP growth reached 4.7% in first three quarters of FY 2014/2015,…

Rana Yehia

Twitter stops 140-character limit for Direct Messages

Micro-blogging site updated rules for sending and receiving Direct Message four months…

Daily News Egypt

Assets of Juhayna CEO Safwan Thabet frozen

The move to freeze assets also included a further 66 companies

Doaa Farid

Palm Hills records highest H1 net profit in company’s history

Net profits in Q2 of 2015 register EGP 431.2m

Doaa Farid