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

Businessmen voice optimism for uniform investment law

Investment minister faces opposition to ‘one-stop shop’ system if put into effect

Mohamed Ayyad

Deutsche Bank investments in Egypt worth $35m: Investment minister

Deutsche Bank follows Egyptian projects in areas of new and renewable energy,…

Mohamed Ayyad

FEI rejects minister’s approval of independent union

Industry Federation demands prime minister’s intervention over independent union for land transport…

Sara Aggour

52.5% growth in railway passengers in August: IDSC

Number of railway passengers reached 15.4 million

Abdel Razek Al-Shuwekhi

Steel companies lower their prices in attempt to attract sales

Decision follows introduction of protective duties on imports as domestic steel industry…

Menna Samir

Egypt’s outlook upgraded to stable: Moody’s

Government bond rating confirmed at Caa1, however

Daily News Egypt

Emirati company Al-Sweiden to invest over EGP 40bn in Egypt

Emirati firm will construct commercial and shopping area over 4.2m square metres

Daily News Egypt

EGX requests financial disclosure from listed companies

Stock market has witnessed series of significant losses during past week

Sara Aggour

400% tourism growth from UAE, Saudi Arabia and Jordan over last 3 months: TAA official

Promotional programmes conducted by Tourism Activation Authority led to significant increase, claims…

Abdel Razek Al-Shuwekhi

Price rises to kill fertiliser black market: Agriculture Minister

Farmers syndicate questions government’s ability to cut black market and says price…

Mohamed Ayyad