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

Parliament approves FY 2017/18 budget, implementing it pending president’s approval

Expected deficit at 9.1%, economic growth at 4.6% to adjust government finances

Mohamed Ayyad

Analysts expect CBE to keep interest rate unchanged after Thursday meeting

Seven out of nine analysts and investment banks expect CBE to keep…

Hossam Mounir

Egypt non-oil business continued to deteriorate during June PMI

New export orders grew for its third consecutive month as weaker pound…

Elsayed Solyman

Egyptian pound shows signs of correction: Beltone

Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18…

Mohamed Samir

China court freezes conglomerate Le Eco assets

Regarded as China's equivalent to Netflix, Le Eco's aggressive moves into sports…

Deutsche Welle

Women grapple with Silicon Valley’s bro culture

Abuse towards women is rife in Silicon Valley's macho culture. Meanwhile just…

Deutsche Welle

Volvo to go all electric, hybrid by 2019

The Swedish carmaker says it is ready to phase out the internal…

Deutsche Welle

Egypt achieves electricity surplus after years of deficit

Investment in the oil sector turned from importing into self-sufficiency

Mohamed Farag

EU lawyer: member states have right to ban Uber

A senior EU lawyer has said individual member states should be able…

Deutsche Welle

In search of inclusive globalization

"Living without globalization?" That was the topic of a meeting of leading…

Deutsche Welle