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

Minister of Communication, Raya inaugurate largest communication centre in Middle East

Located in Maadi technological investment zone, new centre will offer Etisalat’s customers…

Doaa Farid

Sony sells 5.3 million Playstation consoles

The console will go on sale in Japan on 22 February, the…

Daily News Egypt

Central Bank of Egypt earmarks $1.44bn for low-cost housing

Reuters - Egypt’s central bank said on Tuesday it would allocate EGP…

Daily News Egypt

Egypt is an advanced market when it comes to telecom: Ericsson CEO

DNE Chairman Mostafa Sakr discusses Egypt’s telecom industry with HansVestberg, President and…

Daily News Egypt

Ministry of Industry announces development of 35 industrial zones

The zones, spread across 22 governorates, will be outfitted with basic infrastructure…

Doaa Farid

Fitch rates Egypt outlook ‘stable’, but deems quick recovery ‘unlikely’

Total spending rose to 33.5% of GDP in FY 2013 (up from…

Adam Koppeser

40% of agriculture waste left to rot: Federation of Egyptian Industries

Agricultural waste must be recycled and reused to produce renewable energy, says…

Sara Aggour

Egypt Hits 5-year high on Election Law talk; Q4 reports hurt Dubai

Reuters - Egypt’s bourse surged to a five-year high after a local…

Daily News Egypt

Black market revenues of petroleum products total EGP 30bn

Former petroleum minister discusses issue in a meeting with the government

Sara Aggour

Gulf ties could aid Islamic finance in Italy

Reuters - Bankers and academics in Italy are stepping up efforts to…

Daily News Egypt