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

Eni invests $7bn to develop Shorouk in 3 years

Italian oil company Eni aims to invest around $7bn during three years…

Mohamed Adel

OCI reports 51% backlog growth to $7.2bn

Orascom Construction Industries (OCI) reported a 51% backlog growth to $7.2bn, and…

Daily News Egypt

Implementation of 3 roads in national plan progresses

Total cost of the national plan for developing the road network is…

Doaa Farid

German retail sales keep rising

Retailers in Germany have had a surprisingly strong July, indicating that household…

Deutsche Welle

France’s Macron for ‘EU, eurozone rebirth’

French Economy Minister Emmanuel Macron has said the EU and the eurozone…

Deutsche Welle

Cement price stable for 9th month, steel price stable for 8th month

Production of cement increased during August 2015 by approximately 87,922 tonnes compared…

Rana Yehia

Egypt and China to sign business deals, loans: Abdel Nour

CDB to provide $100m loan to finance SMEs, further Chinese grant of…

Shaimaa Al-Aees

Sinai Cement registers EGP 28.7m net losses in H1 of 2015

In 2014, the company registered EGP 93.5m in net profits

Doaa Farid

EGP 2.8bn in urgent funds to improve public services: Finance ministry

Ministry of Finance dedicates EGP 74.1m for operation of non-economic railway lines…

Shaimaa Al-Aees

Ashley Madison chief Biderman steps down

The chief executive of Canadian-based infidelity website Ashley Madison has thrown in…

Deutsche Welle