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

Al Baraka Banking Group puts Egyptian market at top of its priorities: CEO

Bank celebrates opening of its new headquarters in 5th Settlement

Hossam Mounir

Suspected embezzlement case at CIB

The bank released a statement stating that they received a complaint, are…

Mohamed Samir

Egypt to implement automatic fuel price indexation mechanism by end of 2018: IMF

The International Monetary Fund (IMF) said in its staff report after the…

Hagar Omran

EU economic growth forecast reduced

The European Commission has released new economic growth forecasts. Europe's major economies…

Deutsche Welle

Majid Al Futtaim, Sawiris Foundation sign partnership agreement to launch ‘Know Me, Accept Me’ initiative 

Majid Al Futtaim Retail, which holds the exclusive franchise rights to operate…

Shaimaa Al-Aees

Further increase in global oil prices would put pressure on Egyptian budget: IMF

Global risks highlight the need to broaden and accelerate structural reforms, mentions staff…

Hagar Omran

Economic reforms to position Egypt’s insurance sector with serious growth potential: AXA Egypt Investment CEO

Egypt has been going through major economic reforms, including the authorities plans…

Hagar Omran

FCCI announces new programmes to double Egyptian agricultural exports to European market

President of the French Chamber of Commerce and Industry (FCCI), Mahmoud Al-Qaisi,…

Hagar Omran

Foreign investment in US down sharply

Investment totaled $259.6 billion (€221.2 billion), with the figure representing the second…

Deutsche Welle

Egypt to host Suez Canal Exhibition in H1 2019 at NMEC: EFBC chairperson

EFBC is keen on doubling it French members' numbers to reach 20, says Younis

Hagar Omran