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

Reservations of 50,000 residential units to be accepted by mid-April

Construction of the units, which is part of Egypt’s social housing programme,…

Doaa Farid

Time running out to meet global warming target: UN report

Temperature rises would sharply raise risks to food and water supplies and…

Daily News Egypt

Barclays to sell UAE retail ops to Abu Dhabi Islamic Bank for $177m

Reuters - Barclays has agreed to sell its retail banking operations in…

Daily News Egypt

Government attempts to mitigate negative impact of coal usage

Violations of environmental standards will be met with taxes and tight penalties,…

Doaa Farid

Cabinet tackles energy, construction issues; investor disputes

Cabinet approves investor settlement and petroleum agreements, allocates money for electricity and…

Sara Aggour

Ministry of Transportation signs $800m MOU with China for railway project

Project will construct first electric traction railway system in Egypt

Sara Aggour

Cash trickles back to emerging markets, faces growth challenge

Reuters - Investors are starting to move back in to emerging stocks…

Daily News Egypt

Dubai’s Deyaar approves 25% foreign ownership

Reuters - Shareholders of Dubai property developer Deyaar have approved a plan…

Daily News Egypt

Boeing, GE announce acquisition of US licence to sell spare parts to Iran

Reuters - Boeing Co, the world's biggest airplane maker, and engine maker…

Daily News Egypt

Delta, Etihad under scrutiny as EU probes foreign airline holdings

Reuters - The European Commission is examining several foreign holdings in European…

Daily News Egypt