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

Euromoney: Egypt needs to compare itself with the competition in the region: CEO of GACIC

You can’t blame the political turmoil entirely as a reason. What we…

Sara Aggour

Euromoney: Technology sector to attract EGP 20bn of investments this year: Minister

Sector to grow by about 10% in 2013/2014 Forecasted investments slid from…

Dahlia Kholaif

Euromoney: Ministry of Supply to procure up to 200,000 tonnes of wheat

Abu Shadi: We are determined to win the war on vendors’ inflated…

Dahlia Kholaif

Government launches call for proposals funded by EU for projects to improve informal areas

A €20m grant scheme funded by the EU is a part of…

Daily News Egypt

Euromoney: Nestle Egypt CEO: We’ve invested about LE1 billion over the past three years

Suresh Narayanan: We have 3,000 employees of which over 99 percent are…

Sara Aggour

Euromoney: Wadi Group to spend up to EGP 2bn in Egyptian market in the next 5 years

Wadi sees up to 20% growth in revenues this year Mono-calcium phosphate…

Dahlia Kholaif

World Bank helps finance Helwan power plant

Announcement comes during deputy Prime Minister’s visit to Washington DC last week

Daily News Egypt

Foreign reserves drop to $18.59bn

Reserves fall by $110m month on month

Sara Aggour

Ministries of Housing, Transportation show progress on stimulus goals

Housing minister announces completion of four drinking water stations; transport minister says…

Daily News Egypt

Arab Spring fallout fuels Mediterranean smuggling rise

By Peter Apps - Reuters The chaotic fallout of the "Arab Spring"…

Daily News Egypt