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

EU offers new trade agreement to Egypt and MENA countries

Technical committees for the partnership resume their work following a halt due…

Mohamed Ayyad

Big Data analytics in oil and gas: Converting the promise into value

With these new tools and advanced analytic capabilities, oil and gas producers…

Daily News Egypt

Talks underway with Cyprus to import gas through marine pipeline: Ismail

In a press statement, Ismail said that a delegation from the Egyptian…

Mohamed Adel

International oil price reduction to save cash for Egypt’s budget: Economy professor

Crude oil prices have slumped to lowest level in five years due…

Doaa Farid

Qalaa reduces losses by 67% to EGP 59.6m in Q3 2014

Investment company seeking shift to profitability in 2016, expects to reduce debt…

Daily News Egypt

Insurance sector assets currently valued at EGP 55bn: EFSA

The insurance sector contributed EGP 48.5bn to the national economy during the…

Shaimaa Al-Aees

Doubts raised over Kellogg’s bid for BiscoMisr shares

Kellogg’s EGP 940m bid for 51% of company awaiting response from Financial…

Abdel Razek Al-Shuwekhi

50 Italian companies to hold investment talks in Egypt in February: Italian ambassador

Embassy preparing logistics investment meeting in Alexandria during December with Italian and…

Mohamed Ayyad

$1.1bn decrease in foreign reserves from October to November: CBE

Decline mainly due to the repayment of accrued deposits to Qatar, claims…

Menna Samir

Government delivered only 57 units from its 1m residential-unit project: EIPR study

Allocation for the project in FY 2014/15 state budget amounts to EGP…

Doaa Farid