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

Orascom subsidiary to build largest student housing project in US

Project would cost Weitz, which is a subsidiary of Orascom, a total…

Doaa Farid

Suez Canal extension will take time to affect positive credit: Moody’s

Canal expansion is part of wider project to turn surrounding area into…

Doaa Farid

Lease activities in H1 of 2015 record EGP 9.9bn: EFSA head

40% of Global Lease's finances will be directed to the SMEs sector

Doaa Farid

EFG Hermes net profits decline reaching EGP 359.1m in H1 2015

Investment bank's unconsolidated financial statements show that losses have fallen by 38.8%

Menna Samir

Beltone’s net profits down 2.8% in H1 of 2015

The company registered net profits worth EGP 10.7m in H1 of 2015,…

Menna Samir

El-Nasr Company plans to strengthen Egyptian products in Africa: Industry minister

The plan will take advantage of the 23 El-Nasr Company branches in…

Shaimaa Al-Aees

Development of internal trade companies’ branches to raise returns: Investment Minister

149 out of 326 internal-trade company branches were developed with EGP 200m,…

Shaimaa Al-Aees

GB Auto plans to exit its Libya business

Company took quick steps to put tuk-tuk in Iraq, despite security unrest

Daily News Egypt

Egypt eighth amongst 10 highest smartphone sales in developing markets

By Mohamed Alaa El-Din A recent report issued by GFK Institution ranked…

Daily News Egypt

NBE gives EGP 320m to 2 construction, food companies: Corporate Banking Head

29% increase in loans to big companies in the past fiscal year,…

Hossam Mounir