Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Find More: Automotive Banking Economy Energy Industry Real Estate Stock Market Technology Tourism Trade Transport
Latest Business News

Ain Shams train project established through sukuk

Project worth EGP 4.5bn in investments

Nada Badawi
Nada Badawi

MENA biggest spender on energy subsidies

IMF report shows Middle East and North Africa governments account for 50%…

Nada Badawi
Nada Badawi
The economic committee at the Shura Council continued deliberating the sukuk bill as it discussed the technical aspects of the project law. (File Photo) (AFP Photo)
budget

New budget presented to Shura Council

Further taxes are expected

Hend El-Behary
Hend El-Behary
central bank

Vodafone to activate mobile phone cash transfer app

Service available in three months

Daily News Egypt
Daily News Egypt
Android

Twiter kills Tweetdeck for Android, iPhone

Application will also no longer integrate with Facebook

Daily News Egypt
Daily News Egypt
Business

Government’s decision to accept $450m in American aid receives prospective approval

The agreement stipulated that the United States Agency for International Development (USAID)…

Daily News Egypt
Daily News Egypt
Ahmed Emam

Bids for electricity mega complex in May

Complex will plug electricity shortage gap by 40% and will be completed…

Daily News Egypt
Daily News Egypt
app

Nile Taxi hopes to launch telephone, internet booking service

Service will include mobile phone app for ticket booking and viewing schedules…

Hend El-Behary
Hend El-Behary
Al-Morsi Hegazy

Prices for import cigarettes rise

Head of Tobacco Division at FEI denies official move to raise prices

Hend El-Behary
Hend El-Behary
EU

European-Egyptian Competitiveness Network joins Enterprise Europe Network

The Enterprise Europe Network is an EU-funded business and innovation support network…

Nada Badawi
Nada Badawi