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

Currency black market shows limits of Egypt’s recovery

Dollars are eagerly sought on Cairo’s black market and currency traders at…

Daily News Egypt

No increases in cigarettes selling prices: Head of Egyptian Tax Authority

Minister of Finance had earlier announced new selling prices

Sara Aggour

Egyptian Pound strengthens fractionally, unchanged on black market

Reuters - The Egyptian pound strengthened fractionally at a central bank currency…

Daily News Egypt

Galal approves allocation of EGP 1.31bn funding to healthcare, education, other sectors

Allocations aimed at improving public services for citizens, finance minister says

Doaa Farid

Kuwait launches campaign to financially support Egyptians: Kuwait Fund manager

Campaign was undertaken by Kuwaiti women to support Egyptians in villages and…

Doaa Farid

Middle East markets mostly rise

Giant construction deal lifts Abu Dhabi, Saudi banks rally on, Egypt rises…

Daily News Egypt

Dubai’s Arabtec extends reach with giant construction order

Reuters - Dubai construction firm Arabtec clinched a $6.1bn contract on Sunday,…

Daily News Egypt

NMT launches project to transship containers via water barges

New transportation service to start in two weeks, expected to save between…

Sara Aggour

Bahrain’s Investcorp eyes extended growth after profit leap

Reuters - Bahrain-based investment company Investcorp expects 15-20% annual growth over the…

Daily News Egypt

Sukari goldmine production expected to grow 18% in 2014

Centamin Company forecasts that it will produce 420,000 gold ounces, up from…

Doaa Farid