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

Egypt to cooperate with World Bank to increase economic competitiveness: Investment minister

Government reviewing economic legislation in move to improve business practices and attract…

Mohamed Ayyad

Fuel price increases push up restaurant meal pricesby 30%: Tourist Restaurant Chamber

As customers bear the brunt, turnout to restaurants, particularly in Cairo negatively…

Abdel Razek Al-Shuwekhi

Hierarchical restructures next step for Finance Minister: Official

Amr Badawi nominated candidate to handle the hierarchical restructures file, says official

Sara Aggour

IMF suggests cash transfers to improve subsidies targeting

Egypt needs adequate mitigation measures, gradual price increases, and better public communication

Daily News Egypt

Committee to curb international arbitration against Egypt: PM

Government seeking to settle some 22 investment disputes against Egypt pending before…

Mohamed Ayyad

Settlement for Bianco factory reached after company pays fine, fees for licence amendment

The Industrial Development Authority (IDA) has begun settlement proceedings for a factory…

Abdel Qader Ramadan

20.7% decrease in tourist arrivals during May: CAPMAS

Foreign tourists arrivals not expected to increase during the current year, Chairman…

Sara Aggour

1,300 MW addition to electricity grid in August may not end power outages: Energy expert

Energy expert Mohamed El-Sobky says if natural gas supplies to power stations…

Doaa Farid

Egypt to offer investment opportunities in Italy

The Minister of Investment is consulting with the Italian ambassador to increase…

Mohamed Ayyad