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

Euromoney: Nestle Egypt CEO: We’ve invested about LE1 billion over the past three years

Suresh Narayanan: We have 3,000 employees of which over 99 percent are…

Sara Aggour

Euromoney: Wadi Group to spend up to EGP 2bn in Egyptian market in the next 5 years

Wadi sees up to 20% growth in revenues this year Mono-calcium phosphate…

Dahlia Kholaif

World Bank helps finance Helwan power plant

Announcement comes during deputy Prime Minister’s visit to Washington DC last week

Daily News Egypt

Foreign reserves drop to $18.59bn

Reserves fall by $110m month on month

Sara Aggour

Ministries of Housing, Transportation show progress on stimulus goals

Housing minister announces completion of four drinking water stations; transport minister says…

Daily News Egypt

Arab Spring fallout fuels Mediterranean smuggling rise

By Peter Apps - Reuters The chaotic fallout of the "Arab Spring"…

Daily News Egypt

Yields on Egyptian T-Bills inch up at auction

Reuters - Yields on Egyptian treasury bills rose at an auction on…

Daily News Egypt

Twitter to hit Wall Street with hefty price tag

The company said it would offer 70 million shares on the New…

Daily News Egypt

Suez Cement tackling energy supply deficiency: General manager

The company is in current negotiations with the government to reach an…

Sara Aggour

IFC expects $1tn investments in EMENA region

Investments in fields of renewable energy, resource efficiency and climate change adoption…

Daily News Egypt