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

Petroleum Ministry signs agreement to explore oil in Gulf of Suez

The contract was signed with RWE and Dove Energy oil companies with…

Doaa Farid

Ministry of Finance defines strategic goals for 2014/2015 general budget

Government says it seeks to achieve social justice and economic development through…

Sara Aggour

Google Glass eyewear allows winking to snap pictures

Notions put forth included Glass wearers someday paying for cab rides by…

Daily News Egypt

Facebook to test video ads, opening new revenue source

Facebook will run video ads for Divergent on Thursday in a one-day…

Daily News Egypt

Ministries collaborate in launching e-bazar to promote tourism

Project to involve developing an e-portal to display catalogue products reflecting Egypt’s…

Doaa Farid

New protocol signed to encourage competitiveness

A new trilateral protocol has been signed to revitalise the domestic market…

Sara Aggour

EGP weakens at forex auction

The Central Bank sold $38.6m to banks at the auction, with a…

Daily News Egypt

Entrepreneurship activity witnesses slight improvement: Global Entrepreneurship Monitor

The Total Entrepreneurship Activity rate rose by 0.82% from 2010 to 2012

Sara Aggour

Discrepancy between tax revenue and cash in CBE is normal: Tax Authority

Tax Authority announced that it has collected EGP 80.3bn, while the tax…

Doaa Farid

Finance minister discusses current economic situation and challenges for next government

Galal discloses that the CBE has held onto a $9bn deposit since…

Doaa Farid