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

Siemens receives €4.9bn of dues from EEHC 

4,800 MW-capacity units to be added in June

Mohamed Farag

No significant decline expected in T-bonds demand after interest rate cuts: EFG Hermes

EFG Hermes has ruled out any significant decline in foreign investors' appetite…

Mohamed Samir

How private is our online data?

Facebook has been found to log users’ private messages, call history

Daily News Egypt

IMF wants ‘rainy day fund’ for eurozone

The International Monetary Fund has encouraged eurozone leaders to set up a…

Deutsche Welle

ECA acquits cement companies of unjustified price increase claims

Average operating profit margin in 2017 dropped to 6%, down from 19%…

Mohamed Samir

Egypt to inaugurate Grand Egyptian Museum in H2 2018 

We received new $450m loan from Japan to complete museum, Tawfik says

Tamer Farhat

Are frontier markets a calculated risk?

The perception of frontier and small emerging capital markets as too small,…

David Strevens

El Mostakbal, Al Ahly Real Estate Development seal agreement with NBE for City of Odyssia 

NBE will manage project accounts, arrange financing needs, says bank’s vice president

Shaimaa Al-Aees

CBE directs banks to stop granting credit facilities to medium companies within 12% initiative

Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…

Hossam Mounir