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

CBE lowers interest rates 1% for the first time since floatation

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to…

Mohamed Samir

Ireland’s Philip Lane closer to securing ECB vice presidency

At an informal hearing of a key EU Parliament committee, Ireland's central…

Deutsche Welle

Amazon in German court battle over search results

Amazon, the world’s largest online retailer, is up before the German Federal…

Deutsche Welle

EU: Twitter, Facebook still in violation of the bloc’s consumer law

The social media giants have been rapped for allegedly deleting content and…

Deutsche Welle

Women receive 51% of total loans offered by SMEDA in 2017

Women more likely than men to pay off loans, the rate of…

Hossam Mounir

Egypt’s international bonds rise to $16.64bn

Bonds are maturities ranging from 1-30 years, due in period from April…

Hossam Mounir

Egypt’s IT exports on track to achieve ambitious growth targets: report

Egyptian IT export industry worth over $3.25bn in 2017

Daily News Egypt

Vodafone Egypt marks record revenues in 2017, reaching over EGP 18bn 

Vodafone Global Enterprise said that the company's unit in Egypt, Vodafone Egypt,…

Daily News Egypt

ETHYDCO launches international tender for polybutadiene plant next month

Negotiations with banks, shareholders to finance project after selecting winning company

Mohamed Farag

Egypt signs agreement with Schlumberger to conduct Gulf of Suez seismic survey

Egypt’s Ministry of Petroleum signed an agreement with international oil services company…

Mohamed Samir