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

Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017

The total volume of commodity trade between Egypt and Saudi Arabia during…

Shaimaa Al-Aees

US job market: even solid figures can be disappointing

It's hard to please everyone. Although the US unemployment rate has dropped…

Deutsche Welle

FX reserves climbed to $44.029bn end-April 2018: CBE

Foreign exchange reserves at the Central Bank of Egypt continued to rise…

Hossam Mounir

EU: ‘Protectionism the biggest threat to growth’

The EU executive has issued yet another stark warning that a sudden…

Deutsche Welle

Volkswagen CEO Herbert Diess urges more honest corporate culture

The newly appointed chief executive officer of German carmaker Volkswagen has said…

Deutsche Welle

NMEC offers magnificent display of Egyptian civilisation antiquities throughout eras

It gathers 50,000 archaeological artefacts, paintings, jewellery

Hagar Omran

Renaissance Capital targets range of sectors including healthcare, consumer, financial services: MENA CEO

Renaissance Capital, one of leading emerging and frontier markets investment bank, opened…

Mahmoud El-Qassas

30% of Unionaire Group to be listed on EGX in Q1 2019

KPMG Hazem Hassan restructuring Unionaire Group in coordination with EFG-Hermes 

Ahmed Farahat

EGP 500m Saudi investment in paper products manufacturing in Alexandria

Company requests 200,000 sqm industrial area in Borg El-Arab to launch plant

Shaimaa Al-Aees

IMF to begin third review of Egyptian reform programme next week

Mission to last 14 days, economic growth conference to kick off Saturday

Hagar Omran