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

Industrial sector requests government protections following energy price increases

The federation said the government must enable industry to withstand the wave…

Abdel Qader Ramadan

Distribution of subsidies on petroleum products in the new budget

A financial statement from the new general budget for the fiscal year…

Abdel Qader Ramadan

Gas prices increase to $8 per million BTUs for cement industry

An official source from a cement company who requested anonymity anticipated cement…

Abdel Qader Ramadan

Sudden energy subsidies cut will create lower-middle class outcry: Economist

Government increased petroleum product prices Saturday after cutting subsidies

Mohamed Ayyad

Surge in fuel prices threatens food commodities

Fuel prices to reflect on food commodities, says head of Citizens Against…

Sara Aggour

Transportation fares see 35% to 50% increase, contrary to government estimates

Egypt’s official statistics agency reported that public transportation fares would increase up…

Doaa Farid

OCI confident in its position in ongoing tax case: Nassef Sawriris exclusively to DNE

We continue to be committed to investing in Egypt, construction tycoon said.

Sara Aggour

Comesa Trade & Marketing considers establishing waste recycling factory with €40m in investments: Company chairman

Daily News Egypt is republishing this article because Comesa Trade & Marketing…

Economists question government’s ability to meet GDP target for FY 2014/2015

Ministry of Finance had raised GDP target by EGP 400bn to EGP…

Abdel Qader Ramadan

100m cubic feet of gas to be added to gas production by the end of July

Production rates will not exceed 4.9bn cubic feet of gas until the…

Mohamed Adel