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

National unemployment rate remains steady at 13.4%.

Rate has increased 57.3% since 4Q 2010

Sara Aggour

Gulf investor interest highlights Egypt’s retail upside

Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around…

Daily News Egypt

Minister of Agriculture reveals new strategy for marketing wheat

Strategy stipulates that PBDAC finance agriculture co-ops to allow them access funding…

Doaa Farid

Egyptian pound inches up on official, steady on black market

Reuters - The Egyptian pound was up slightly at a central bank…

Daily News Egypt

BG Group buys Nigerian LNG to replace lost Egyptian output

Reuters -  BG Group has bought six liquefied natural gas (LNG) cargoes…

Daily News Egypt

Egypt’s LNG import ambitions thrown into disarray

Reuters - Egypt's hope of importing liquefied natural gas to stave off…

Daily News Egypt

One of the biggest cable parks in the world opens in El Gouna

100s of metres of cable, the latest obstacles and speeds up to…

Daily News Egypt

NTRA calls on internet companies to improve services

“Internet Revolution” initiative aims to increase speeds, reduce prices

Doaa Farid

Pioneers Holding to buy 60% of Roaya Group: CEO

Reuters - Pioneers Holding plans to acquire a 60% stake in real…

Daily News Egypt