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

Concerns of poor quality of services in hotels due to weak revenues: Tourism workers

Tourism workers concerned over negative effect of weak revenues in past four…

Abdel Razek Al-Shuwekhi

Mobinil’s consolidated losses shrink 73.6% in H1 of 2015

By end of June 2015, accumulated losses reached EGP 91.1m ($ 11.7m)

Menna Samir

133m cubic metres of gas, oil equivalent daily to power stations: EGAS

570 MW to be added to national grid within days as part…

Mohamed Adel

TE Data to start applying new internet prices

By Mohamed Alaa El-Din Internet provider TE Data will start applying its…

Daily News Egypt

International, local financial entities participate in SVI fund

Entities represented by World Bank, European Investment Bank, SFD and Ayady

Daily News Egypt

Banque du Caire announces EGP 2.1bn profits in FY 2014/2015: Chairman

The bank’s net profit after taxes amounted to approximately EGP 1.3bn by…

Hossam Mounir

IMF’s Lagarde: Greek debt restructuring ‘inevitable’

The head of the International Monetary Fund, Christine Lagarde, has insisted that…

Deutsche Welle

Investment Ministry receives 100 governorate projects for ‘Upper Egypt Development’ Conference

Assiut debuts Dry Bulk Port project with investments of $ 170m, Qena…

Shaimaa Al-Aees

Volkswagen lowers sales forecast

Volkswagen, which recently overtook Toyota to become the world's biggest automaker, has…

Deutsche Welle

Bayer profits jump in second quarter

German pharmaceutical giant Bayer has posted a surprising jump in net profit…

Deutsche Welle