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

Balance of payments records $11bn surplus between July, March in FY 2017/18: CBE

Egypt’s overall balance of payments (BOP), which measures Egypt’s dealings with other…

Daily News Egypt

ETA will not accept any cash payments over EGP 5,000 starting January 2019: ETA deputy

Mohammed Abdul Sattar, deputy head of the Egyptian Tax Authority (ETA), said…

Nevine Kamel

41% increase in Egypt’s exports to Russia: trade minister

42.5% increase in exports of vegetables and fruit, 366% increase in exports…

Shaimaa Al-Aees

Stability in customs dollar value at EGP 16: finance minister 

Minister of Finance Mohamed Moeit announced that the price of the customs…

Shaimaa Al-Aees

WBG approves $530m project to support Egypt’s​ public healthcare

“This project is about investing in people,” says WBG director for Egypt,…

Daily News Egypt

Growing unease over Brexit in German business community

Companies across Germany are getting more nervous and not just sitting idle…

Deutsche Welle

China eager to defuse trade pressures

The Chinese government has once again defended its trade surplus with other…

Deutsche Welle

Six global outsourcing companies expand business in Egypt: ITIDA

Egypt ranks first in Middle East, Africa in attractiveness index of countries…

Daily News Egypt

Egyptian-Georgian joint commission preparations to resume soon

Georgia has become attractive destination for international businesspersons, including from Middle East,…

Hagar Omran

Ideal Standard to reach EGP 2bn in sales by end-2018

Company enjoys 30% of local market share

Shaimaa Al-Aees