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

Ministry of Industry announces development of 35 industrial zones

The zones, spread across 22 governorates, will be outfitted with basic infrastructure…

Doaa Farid

Fitch rates Egypt outlook ‘stable’, but deems quick recovery ‘unlikely’

Total spending rose to 33.5% of GDP in FY 2013 (up from…

Adam Koppeser

40% of agriculture waste left to rot: Federation of Egyptian Industries

Agricultural waste must be recycled and reused to produce renewable energy, says…

Sara Aggour

Egypt Hits 5-year high on Election Law talk; Q4 reports hurt Dubai

Reuters - Egypt’s bourse surged to a five-year high after a local…

Daily News Egypt

Black market revenues of petroleum products total EGP 30bn

Former petroleum minister discusses issue in a meeting with the government

Sara Aggour

Gulf ties could aid Islamic finance in Italy

Reuters - Bankers and academics in Italy are stepping up efforts to…

Daily News Egypt

Motorcycle and three-wheeler import ban will have minimal impact on FY14 profitability: GB Auto

The Ministry of Trade and Industry announced the 12-month ban on fully…

Daily News Egypt

Egypt receives UAE financing to support capital spending, a credit positive: Moody’s

This is the second increase in budgeted expenditures in the current 2013-14…

Daily News Egypt

Emaar Misr signs protocol with Ministers of Defence, Investment and Local Development

Agreement kicks off work on a 4.5m square metre residential and commercial…

Doaa Farid

New and Renewable Energy summit held in Cairo

Government should turn to using renewable energy and start energy stock exchange,…

Daily News Egypt