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

Government agencies pursuing high speed, cost-effective internet: Communication Minister

Egypt working towards increasing internet penetration especially in rural and marginalised areas…

Doaa Farid

Morgan Stanley confirms confidence in EGX, keeps it in Emerging Markets Index

Financial Institution remains confident on back of positive market developments

Daily News Egypt

Al-Sisi’s win is positive to economy: Standard and Chartered

Report says President Al-Sisi has outlined “an ambitious strategy” to revive the…

Doaa Farid

EFSA requests further clarification in Hermes bid

Hermes appoints financial advisor to assess share value in Sawiris purchase offer,…

Daily News Egypt

Egyptian non-petroleum exports rise for first time in 2014: Industry ministry

Egyptian exports grow by 3% in May after continuous monthly decline since…

Daily News Egypt

Annual urban consumer inflation falls to 8.2% in May

May’s annual inflation rate at its lowest since November 2013, says CAPMAS

Doaa Farid

89% of employees in MENA region are expected to watch the World Cup 2014: Survey

Employers express concern on possible productivity drop during the World Cup Tournament

Daily News Egypt

Real estate owners call amended real estate tax ‘defective’: Economist

Proposed property tax raises concerns over “double taxation”, Alia Al-Mahdi says

Daily News Egypt

Industry ministry to finalise law encouraging production, protection of domestic products

The ministry affirms that government procurement not subject to WTO rules, which…

Daily News Egypt

Cabinet reshuffle possible: Al-Sisi campaign source

Mehleb’s work strengthened the likelihood he would be retained at expense of…

Daily News Egypt