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

NBE aims to increase assets to EGP 1.5tn by end-June 2018: vice chairperson 

Bank seeks to increase its loans for major companies to EGP 350bn,…

Hossam Mounir

Hackers stole $6 million in Russia bank attack via SWIFT system

Russia's central bank has admitted that hackers targeted a computer at one…

Deutsche Welle

Corporate powers team up to fight cyberthreat

You don’t have to be a digital whizz kid to know that…

Deutsche Welle

NBE, Banque Misr discontinue their 20% interest rate saving certificates

The National Bank of Egypt (NBE) will discontinue offering the platinum saving…

Hossam Mounir

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