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

IMF approves second tranche of $12bn loan, $1.25bn to be transferred within days finance minister 

The executive board of the International Monetary Fund (IMF) has approved the…

Daily News Egypt

Investment Minister discusses with Deutsche Bank encouraging German funds to invest in Egypt

Deutsche Bank's mission expressed the bank's optimism about the economic reforms taken…

Daily News Egypt

IEA warns of longer oil glut as compliance with OPEC cut falls

The International Energy Agency (IEA) has said the oil market could stay…

Deutsche Welle

JTI to continue supplying market with no increase in prices

Khaled Ismail, the director of external relations at Japan Tobacco International (JTI),…

Ahmed Farahat

Industry Minister inaugurates two new factories in Beni Suef with Egyptian-Korean investments of EGP200m

Laying the foundation stone of an integrated industrial complex for the production…

Shaimaa Al-Aees

Egypt’s investments in education and health reach EGP 25bn in FY 2017/18 

EGP 7.57bn is the targeted investments in health care programmes 

Daily News Egypt

Bond yields in emerging markets rise in anticipation of Fed decision

In May, there was an Increase in the interest on Egyptian bonds…

Ahmed Farahat

Turbines affair deepens as Russia appears to deliver more Siemens turbines to Crimea

After Siemens turbines built by its Russian partners were transferred to Crimea,…

Deutsche Welle

US economy grows moderately but wage growth disappoints

The US economy saw "slight to moderate" growth in June while signs…

Deutsche Welle

Taba: the abandoned paradise

Taba’s location between the mountains gives it a special charm, says tourist

Shaimaa Al-Aees