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

Surge in fuel prices threatens food commodities

Fuel prices to reflect on food commodities, says head of Citizens Against…

Sara Aggour

Transportation fares see 35% to 50% increase, contrary to government estimates

Egypt’s official statistics agency reported that public transportation fares would increase up…

Doaa Farid

OCI confident in its position in ongoing tax case: Nassef Sawriris exclusively to DNE

We continue to be committed to investing in Egypt, construction tycoon said.

Sara Aggour

Comesa Trade & Marketing considers establishing waste recycling factory with €40m in investments: Company chairman

Daily News Egypt is republishing this article because Comesa Trade & Marketing…

Economists question government’s ability to meet GDP target for FY 2014/2015

Ministry of Finance had raised GDP target by EGP 400bn to EGP…

Abdel Qader Ramadan

100m cubic feet of gas to be added to gas production by the end of July

Production rates will not exceed 4.9bn cubic feet of gas until the…

Mohamed Adel

Finance ministry mulls formation of ETA-Orascom committee: Former Head ETA

Company was acquitted by the prosecutor general on the tax evasion case,…

Sara Aggour

ITIDA signs EGP 35m agreements with governmental institutions

The board of directors at the Information Technology Industry Development Agency (ITIDA)…

Daily News Egypt

Nassef Sawiris imprisonment verdict suspended

Company says lawsuit was filed by the ETA prior to the prosecutor…

Sara Aggour

Once-leading Red Sea oceanography institute now lifeless

Tourism restrictions, legal dispute keep visitors from discovering mermaid mysteries and underwater…

Aya Nader