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

Almasria Universal Airlines considers operating flights to tourist areas at discounted prices: Chairman

Almasria Universal Airlines considers operating flights to Sharm El-Sheikh and Luxor during…

Abdel Razek Al-Shuwekhi

EGP 200 fee issued on marble, granite and EGP 50 fee on sand: Abdel Nour

The Ministry of Industry and Trade issued an EGP 200 fee on…

Abdel Qader Ramadan

BP invests $10bn in Egypt

British oil company’s north Alexandria project will start production in 2017

Doaa Farid

800% increase in capital of bourse’s traded companies: EGX Chairman

Increase in public offering registered EGP 5.5bn during first half of 2014

Sara Aggour

Government considering new cement licences to stimulate economy: Investment minister

Minister of Investment seeks to transfer ownership of Egyptian Financial Supervisory Authority…

Mohamed Ayyad

Tourism buses to offer public transportation services in Greater Cairo within weeks

Ministry of Transportation says that Cairo governorate will be responsible for managing…

Doaa Farid

UAE to establish space agency and send the first Arab spaceship to Mars by 2021

The probe will take nine months to make the more than 60m…

Daily News Egypt

Egypt closes deal with Gilead Sciences for Hepatitis C drug at 99% discount

Around 170,000 doses of Hepatitis C medicine will be available for Egyptian…

Sara Aggour

Abraaj Group to make EGP700m bid to acquire Amoun Pharmaceuticals

The company also announced Sunday its intention to acquire 100% of shares…

Sara Aggour

Ministers of Agriculture, Industry to discuss needs of spinning, weaving companies

Government moves to save the textile industry in view of governmental failure…

Mohamed Ayyad