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

Industrial Development Authority to reclassify ‘energy intensive’ industries

IDA is looking to categorise factories by energy consumption in order to…

Abdel Qader Ramadan

Government officials’ reports on telecommunication sales tax conflict

No additional taxes to be announced within the coming period, Finance Ministry…

Sara Aggour

Investment minister promotes Egyptian economy to Asian diplomats

Korean delegation to visit Cairo in August will consider investment increases and…

Mohamed Ayyad

Culture of cooperation and common goals key to Germany’s victory: WEF

By Evline Meshreky A blog published by the World Economic Forum (Davos)…

Daily News Egypt

Mergers and acquisitions in Middle East up 250% in Q2 2014

The value of M&A deals in Q2 records $14bn, a Thomson Reuters…

Doaa Farid

Al-Sisi decides to merge ‘Long Live Egypt’ and the 306306 Fund

President forms committee of government and businessmen to determine work plan for…

Abdel Qader Ramadan

Egypt to cooperate with World Bank to increase economic competitiveness: Investment minister

Government reviewing economic legislation in move to improve business practices and attract…

Mohamed Ayyad

Fuel price increases push up restaurant meal pricesby 30%: Tourist Restaurant Chamber

As customers bear the brunt, turnout to restaurants, particularly in Cairo negatively…

Abdel Razek Al-Shuwekhi

Hierarchical restructures next step for Finance Minister: Official

Amr Badawi nominated candidate to handle the hierarchical restructures file, says official

Sara Aggour

IMF suggests cash transfers to improve subsidies targeting

Egypt needs adequate mitigation measures, gradual price increases, and better public communication

Daily News Egypt