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

EGP 100m for premiums and developing Fairmont Hotel: NCIN

Capital increase is used to finance all current financial obligations and repay…

Daily News Egypt

Government considers bartering commodity imports from Moscow: Official spokesman

A halt in trips from Moscow and St Petersburg to Sharm El-Sheikh…

Mohamed Ayyad

Over half a million Egyptians offered work contracts abroad: Manpower Ministry

Ministry of Manpower offered approximately 150,000 job opportunities between March and December

Daily News Egypt

Egypt Post Chairman requests investigation of nepotism within Egypt Post

Chairman’s decision comes due to numerous complaints of relatives working in same…

Daily News Egypt

Amer Group signs contract with Saudi Othaim Holding

The move coincides with decision to divide company into Amer Group and…

Daily News Egypt

Trade deficit increases 70.9% in September year-on-year

Deficit reaches EGP 27.9bn compared to EGP 16.3bn in corresponding month last…

Doaa Farid

Cement companies look to control market prices in face of production decline: Sector Source

Establishment of higher council for building materials sought and introduction of new…

Daily News Egypt

6 Middle East countries lose $35bn as impact of Syrian war and ISIS spread

Analysis suggests Syria and Iraq bear brunt of direct costs of war,…

Doaa Farid

Fitch Raises Egypt’s Credit Rating to ‘B’

At end of 2014, national debt stood at 90.5% of GDP, and…

Daily News Egypt

Russian deal will make Egyptian products more competitive, increase tourism and trade: Russian-Egyptian Business Council member

Government sources confirm sufficiency of Russian tourism in Egypt, despite tumble in…

Mohamed Ayyad