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

Egyptian pound up at dollar sale, black market rates lower

The central bank said it sold $38.8m to banks at its auction,…

Daily News Egypt

26.3% of Egypt is poor: CAPMAS

Poverty increased by an annual 1.1%, while an Egyptian five-headed household needs…

Daily News Egypt

WTO faces fight for survival at make-or-break summit

At stake is the future of trade multilateralism as regional pacts are…

Daily News Egypt

Government adopts measures to meet local needs of nitrogen fertilisers

The new policies include imposing charges on exporting nitrogenous fertilisers and providing…

Doaa Farid

Egypt and Finland discuss ICT

Minister of Communication and Information Technology meets with Finnish Ambassador to discuss…

Sara Aggour

Egypt turns around in thin trade

The 50-member constituent assembly began voting on Saturday to approve the draft,…

Daily News Egypt

Wamco Motors acquires two ‘market-changing’ car franchises: CEO

Company will offer “Oley” and 2014 models of “Vita 2” and “Dream”…

Daily News Egypt

Cabinet approves EGP 764.2m development plan in Berenice area

Development plan includes road infrastructure, educational, industrial and economic projects

Sara Aggour

New oil discovery in Western Desert

The new well discovered by IPR is expected to produce 12,000 barrels…

Doaa Farid

Insurance industry, big winner in Egypt’s unrest

Negotiations on investments are underway for insurance sector to fund national projects…

Daily News Egypt