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

Russians lead tourist flow to Egypt in 2014 with 3m tourists: Ministry of Tourism

Ministry seeks to increase Russian market share by intensifying promotion methods

Abdel Razek Al-Shuwekhi

Bilateral trade between Cairo, Moscow registers $4.5bn in 2014: Putin

Free trade, Egyptian exports increase mark Cairo-Moscow economic relations

Doaa Farid

Government seeks exemption from Russian restrictions on wheat exports: Supply Ministry

The global price of wheat increased to $25 per tonne since Russia…

Mohamed Ayyad

Al-Kharafi Group’s Egypt investments will not be sold: Company official

Al-Kharafi Group to establish 1,800 hotel rooms in Marsa Alam within next…

Abdel Razek Al-Shuwekhi

On first day of Putin’s visit, stock indexes slightly drop

Positive yields from Putin’s visit could influence the capital market on the…

Sara Aggour

EBRD provides ADES with $28m loan

Loan sought as milestone for company to boost competitive private sector advantage,…

Sara Aggour

Economy needs investments to counter unemployment: Pepsi Regional Manager

Fight to cut domestic debt to 84% during coming years, says Salman

Mohamed Ayyad

No increase in Egypt’s gas production in FY 2015/2016: EGAS

Foreign companies to postpone linking of wells before re-pricing, decline of 1.2bn…

Mohamed Adel

Field irrigation project to provide 7%-10% increase in cultivated land: Beltagy

Project would provide approximately 10bn cubic metres of water per year for…

Shaimaa Al-Aees

Crédit Agricole double QOQ net profit

Amount of loans in Q4 2014 valued at EGP 13.2bn

Doaa Farid