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

Sawiris to buy into German travel group FTI

Sawiris, a member of Egypt’s richest family, runs Orascom Development Holding, operating…

Daily News Egypt

Coca-Cola international plans to invest $500m in Egypt

President of Coca-Cola says the move reflects the company’s confidence in Egypt’s…

Doaa Farid

Foreign reserves on the rise: CBE governor

Despite continuous fluctuations in foreign reserve levels, CBE Governor Hesham Ramez says…

Sara Aggour

Kuwait fines Ahli Bank chairman $5.3m over insider trade

Reuters - A Kuwaiti court has fined the chairman of Al Ahli…

Daily News Egypt

Etihad Airways 2013 profit jumps 48% on partnerships, expansion

Etihad, which has minority stakes in seven airlines including Air Berlin and…

Daily News Egypt

February tax evasion cases valued at EGP 2.6bn

There have been 378 tax evasion cases in February, the interior ministry…

Sara Aggour

Foreign trade minister promotes Egyptian projects in London

Mounir Fakhry Abdel Nour visits London to strengthen British-Egyptian relations.

Daily News Egypt

UAE’s Aramex wants Gulf customs rules amended to aid e-commerce

The current regulations only allow small shipments, such as parcels sent by…

Daily News Egypt

Asian shares hit by rising Russia-Ukraine tensions

The downbeat atmosphere was compounded in some markets by another disappointing set…

Daily News Egypt

Banks suffer as European shares tumble on Ukraine tensions

Banks took the most points off the FTSEurofirst 300, with lenders exposed…

Daily News Egypt