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

Delisting for Cairo Investment & Real Estate Development is final: Company chairman

Egyptian Exchange official says “18% of company shareholders filed a complaint against…

Mohamed Ayyad

Full value of Egyptian tourism industry remains untapped: OECD

Egypt spends some $60m per annum on tourism promotion, advertising

Sara Aggour

Banque du Caire expects 25% net profit growth in 2014: CEO

Bank provides loans worth EGP 1bn to microenterprises, says Mounir El-Zahed

Abdel Razek Al-Shuwekhi

Edita Food Industries to go for new IPO: Actis partner

Mark Richards could not provide details on the value and the timing…

Doaa Farid

Electricity ministry imports 2.4m light bulbs inconsistent with electricity network: Official

Part of tender to import 10m energy-saving LED light bulbs to reduce…

Abdel Razek Al-Shuwekhi

Egypt’s exports to Nile basin countries surges by 15%, imports slide by 0.4%: CAPMAS

Sudan is highest importer from Egypt, while Kenya is highest exporter to…

Sara Aggour

General Electric wins contract to supply 200 overland pumps for BAPETCO

GE has also launched several major projects to generate power

Mohamed Adel

Government considers offering international tender for Maspero development

Coordination to take place between residents, government, and investors

Mohamed Ayyad

Personal savings dominate Suez Canal certificates’ purchases: Baseera

42% used money kept at home, 38% used bank savings, 13% used…

Sara Aggour