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

Facebook’s profits slip amid spending spree

The world's biggest social network saw its second-quarter profits fall as it…

Deutsche Welle

Fed leaves door open for September rate hike

Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…

Deutsche Welle

Opinion: KMW-Nexter merger creates European arms giant

The German tank manufacturer Krauss-Maffei Wegmann has merged with its French competitor…

Deutsche Welle

New Limited Edition Elantra set to increase popularity of Hyundai’s bestseller

Limited Edition Elantra arrives in Africa and the Middle East in June…

Daily News Egypt

$54.3m in Egyptian exports to Brazil in H1 of 2015

There is an increasing demand on Arab products in Brazil, says Halabi

Hossam Mounir

Concerns of poor quality of services in hotels due to weak revenues: Tourism workers

Tourism workers concerned over negative effect of weak revenues in past four…

Abdel Razek Al-Shuwekhi

Mobinil’s consolidated losses shrink 73.6% in H1 of 2015

By end of June 2015, accumulated losses reached EGP 91.1m ($ 11.7m)

Menna Samir

133m cubic metres of gas, oil equivalent daily to power stations: EGAS

570 MW to be added to national grid within days as part…

Mohamed Adel

TE Data to start applying new internet prices

By Mohamed Alaa El-Din Internet provider TE Data will start applying its…

Daily News Egypt

International, local financial entities participate in SVI fund

Entities represented by World Bank, European Investment Bank, SFD and Ayady

Daily News Egypt