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

GM Egypt investments $10 million to manufacture the Chevrolet Move in Egypt

General Motors Egypt celebrates its $10 million investment to manufacture Chevrolet Move.

Daily News Egypt

Banks lend more attention to financing the private sector

Banks are currently reconsidering financing other sectors to invest their liquid surplus

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Cabinet formation to steer EGX performance this week

The stock market took a hit when HeshamQandil, Minsiter of Water Resources…

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Iran to cut spending to help sanctions-hit economy

Iranian Economy Minister said “we agreed to cut budget spending ... and…

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Banks regain confidence in construction materials market

It is expected that banks largely invest in construction materials during the…

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Shell to invest $600m in Western Desert operations

By Ahmed Tolba Badr Petroleum Company (Bapetco), a joint venture between the…

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Fresh strategy for developing food and agricultural industries

By NihalMounir Mahmoud Eissa, Minister of Industry and Foreign Trade, said that…

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Outgoing Finance Minister prepares for hand over

By Islam Zayed Momtaz Said, Minister of Finance in the current caretaker…

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Euromoney Conference 2012 confirmed: Theme is “Restarting the Egyptian economy”

Euromoney Conferences is pleased to announce that following Sunday's election result that…

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European stocks firm despite mounting global economic woes

London's benchmark FTSE 100 index added 0.24 percent to 5,512.68 points in…

Daily News Egypt