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

Strong expectations for new cut in pound interest on Thursday

MPC trimmed key interest rates by 2% since beginning of 2018 after…

Hossam Mounir

Vodafone’s shrinking bottom line, debt burden trims Telecom Egypt profitability: report

Company reported 48% year-over-year drop in consolidated profits for Q1

Daily News Egypt

Egypt’s shares hit by profit-taking streak, record worst weekly losses in 2 years

Market expected to extend downward trajectory awaiting fresh stimulus

Daily News Egypt

TE board of directors approves MENA Submarine Cable Systems acquisition

The board of directors of Telecom Egypt (TE) approved the acquisition of…

Shaimaa Raafat

S&P’s upgrade of credit rating confirms Egypt is on right path: El-Garhy

Minister of Finance Amr El-Garhy welcomed the Friday decision of Standard &…

Mohamed Samir

Do web directories still work for marketing in 2018?

Internet user penetration in Egypt reached 48% in 2017 according to Statista.…

Badway Shalaby

S&P raises Egypt’s soverign credit rating to ‘B’ from ‘B-”, lowers outlook to stable

S&P Global Ratings on Friday raised Egypt’s sovereign credit rating to B…

Mohamed Samir

Ministry of Transport increase prices of Metro tickets to EGP 3-7

Ministry of transport announced the increase in the prices of metro tickets…

Mohamed Samir

1.5% increase in inflation rate in April: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced in its…

Daily News Egypt