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

Arab Moltaqa Investments company cash flow increases

The company, under its ownership of 50.76% of the Arab Engineering Industries…

Sara Aggour

Supply ministry calls for price caps on fruits and vegetables to protect consumers

In a meeting held Saturday with consumer protection organizations and a number…

Daily News Egypt

Transfer of $1bn from Kuwait to CBE set for next week: Ramez

Ramez added that the bank’s foreign currency reserves totaled $18.9bn by the…

Daily News Egypt

Second interest rate cut in a row to encourage lending: Experts

Central Bank's decision to cut the interest rates is seen as a…

Daily News Egypt

First ‘ethical smartphone’ takes a big risk

The Dutchman behind the Fairphone says it avoids sourcing materials from conflict…

Daily News Egypt

Minimum income announced at EGP 1200

Maximum wage remains unannounced as the minimum income decision receives mixed reactions

Rana Muhammad Taha

Microsoft announces $40b share buyback

The new share buyback comes on the heels of another share repurchase…

Daily News Egypt

Ooredoo’s deal with Walt Disney made official

Disney entertainment will be directed to Ooredoo’s customers as the company makes…

Sara Aggour

Businessmen demand government address security, energy, land shortages

El-Beblawi added that challenges facing investors, which primarily included lapses in security,…

Daily News Egypt

$10m public relations campaign to stimulate tourism within Egypt

The Ministry of Tourism has set aside $40m yearly for tourist promotion…

Daily News Egypt