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

International foreign reserves drop to $15.3bn

Egypt’s BOP recorded $410m surplus in Q1 2014/2015

Sara Aggour

Tax authority exempts 1m units of tax

Families with housing worth under EGP 2m are exempted from taxation

Hend El-Behary

Stock markets losses EGP 9.4bn

Trading on Orascom Hotels and Development stocks started during Tuesday’s session

Sara Aggour

Egyptians expatriate remittances equivalent triple to Suez Canal revenues: World Bank

Egypt tops Arab world in terms of expatriate remittances, estimated at $20bn…

Shaimaa Al-Aees

Agriculture minister to meet textile, weaving entities Thursday: Chamber official

Various topics on the table for discussion, including government decision cutting cotton…

Abdel Razek Al-Shuwekhi

59.9% Bisco Misr shares to be acquired by Kellogg’s

Banque Misr, which has 7% shares in Bisco Misr, refuses to give…

Menna Samir

Al-Sisi launches Kuwaiti-Egyptian Relations Council

President pledges to solve Kuwaiti investors’ issues, reform legislations

Doaa Farid

Egypt to issue bonds on international markets after higher credit ranking: Cabinet

Lowering dues of foreign oil companies, amending investment laws and resolving conflicts…

Mohamed Ayyad

Egypt Dairy to be re-operated: Hanafy

Re-operating Egypt Dairy is possible however investments and modern equipment are needed,…

Menna Samir

KIMA earns EGP 23.3m revenues during 5 months

Memphis Pharmaceutical witnesses EGP 10m losses during 5 months and KIMA

Shaimaa Al-Aees