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

Germany to lift travel warnings to Sharm El-Sheikh: German Embassy in Cairo

German Ambassador Hansjorg Haber considers lifting travel warnings to Sharm El-Sheikh very…

Suspension of Gulf aid behind $600m drop in foreign reserves in June: Experts

Foreign reserves register the lowest level since the ouster of former president…

Doaa Farid

Egypt to adopt international taxation policy to avoid double taxation: Finance minister

Government struggling to expand resources through tax reform imposing new taxes, fighting…

Mohamed Ayyad

Subsidy cuts a ‘very important step’: EU ambassador

EU ambassador to Egypt welcomes reduction of subsidies on petroleum products

Abdel Qader Ramadan

EGP 600m allocated for slum development in budget: Ministry of Planning

European Union (EU) to provide € 1.5m for development in slum areas…

Abdel Qader Ramadan

Government plans ‘donor countries’ conference before year’s end

The Ministry of Planning has announced intentions to hold a conference for…

Abdel Qader Ramadan

EGAS, Sonatrach negotiating over 5 LNG shipments for electricity production

Delegation from Algerian firm set to arrive in mid-July to conclude proceedings

Mohamed Adel

North Africa approaching universal access to primary education: UN report

Primary education enrolment increased from 80% to 99% in North Africa over…

Doaa Farid

Cement production to be impacted by energy cuts and higher fuel prices

The government’s decision to cut natural gas subsidies to factories followed shortly…

Daily News Egypt

Beltone refuses sale rate offered from Hermes

Curtain draws on Beltone-Sawiris deal to purchase 20% stake in Hermes after…

Mohamed Ayyad