Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
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Latest Business News
DNE

Rebel Economy wrap

Original sin: Where did Arab economies go wrong?

Daily News Egypt
Daily News Egypt
Amr Moussa

Moussa: Economic initiative will save Egypt

Amr Moussa says government needs to seriously consider his economic initiative

Luiz Sanchez
Luiz Sanchez
Aswan

Aswan: A city of charm

Discovering some of Aswan’s greatest temples, relaxation and shopping spots

Sarah El Masry
Sarah El Masry
An economic reform programme is the Egyptian Cabinet’s alternative plan if the proposed $4.8bn International Monetary Fund (IMF) (File Photo) AFP PHOTO / Stringer
Hesham Qandil

Government proposes alternative economic plan for IMF loan

An economic reform programme is Egypt’s last hope to save the economy…

Daily News Egypt
Daily News Egypt
President Mohamed Morsi will propose a draft law to the Shura Council to reopen the Port Said Duty Free Zone, which was shut down 2002, according to a statement released by the presidency AFP PHOTO/KHALED DESOUKI
Mohamed Morsi

Morsi allocates EGP 400m for canal provinces

The President will also propose a draft law to the Shura Council…

Daily News Egypt
Daily News Egypt
Throughout 2012, Egypt’s Social Fund for Development (SFD) signed a number of contracts with foreign countries totalling $418m. (Photo: Courtesy of Facebook Fan Page)
development projects

SFD received $418m in 2012

The SFD signed contracts for $190m in loans to fund small scale…

Daily News Egypt
Daily News Egypt
chamber of commerce

Egypt to sign business protocol with Indonesia

The Chamber of Commerce in Cairo is attempting to boost economic relations…

Hend El-Behary
Hend El-Behary
Prime Minster Hesham Qandil announced yesterday government plans to increase natural gas prices for cement and brick factories from $4 per million BTU to $6 per million BTU. (File Photo) (AFP PHOTO)
cement

Government announces 50% fuel price hikes for cement, brick factories

The government will raise natural gas, fuel oil, and diesel prices

Daily News Egypt
Daily News Egypt
The Kidzania flag (Photo by Mohamed Salah)
Investment

Kidzania Egypt to open soon

750,000 to 1.2 million visitors expected annually

Mohamed Salah
Mohamed Salah
The head of the Tobacco Division at the FEI accuses the Government of singling out the industry, following proposed tax increases on tobacco products (Photo by Laurence Underhill)
cigarettes

Tax proposal draws tobacco industry’s ire

The government singling out the tobacco industry, says the Head of the…

Mohamed Salah
Mohamed Salah