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

Egypt to present $1.5bn Cairo-6 October train plans at economic summit

International company offers to implement the project

Mohamed Ayyad

Up to six companies to be listed on stock market: EGX chairman

Four companies have already listed in the market during 2014, with more…

Sara Aggour

SODIC to invest up to EGP 2.5bn in Egypt real estate

Earlier this year SODIC agreed to pay EGP 900m to the Egyptian…

Menna Samir

Egypt begins transformation into global logistics centre for grain handling: Prime minister

Mehleb says the project is as important as the Suez Canal expansion

Mohamed Ayyad

Businessmen voice optimism for uniform investment law

Investment minister faces opposition to ‘one-stop shop’ system if put into effect

Mohamed Ayyad

Deutsche Bank investments in Egypt worth $35m: Investment minister

Deutsche Bank follows Egyptian projects in areas of new and renewable energy,…

Mohamed Ayyad

FEI rejects minister’s approval of independent union

Industry Federation demands prime minister’s intervention over independent union for land transport…

Sara Aggour

52.5% growth in railway passengers in August: IDSC

Number of railway passengers reached 15.4 million

Abdel Razek Al-Shuwekhi

Steel companies lower their prices in attempt to attract sales

Decision follows introduction of protective duties on imports as domestic steel industry…

Menna Samir

Egypt’s outlook upgraded to stable: Moody’s

Government bond rating confirmed at Caa1, however

Daily News Egypt