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

The government aims at borrowing EGP 371bn to fund budget deficit during Q1 of new FY 

Ministry of Finance offers T-bills worth EGP 349.5bn and bonds worth EGP…

Hossam Mounir

EFG implements 25% of Q2 transactions worth EGP 36.2bn, acquires 59.6% of transactions market

With a major difference, CI Capital ranks second with transactions worth EGP…

Alia Stouhi

Global borrowing costs spike as markets take Draghi comments at face value

Germany's benchmark 10-year bond yield has made its biggest weekly jump since…

Deutsche Welle

Economic issues ‘never a priority’ for ex-German Chancellor Helmut Kohl

DW's Manuela Kasper-Claridge spoke with veteran political advisor Roland Berger on the…

Deutsche Welle

Government raises fuel prices, gasoline 92 surges to EGP 5

Measure comes within the economic reform programme to rationalise spending and finance…

Mohamed Ayyad

Japan central banker praises Hitler’s economic policies

A Bank of Japan policymaker has said Nazi ruler Adolf Hitler's economic…

Deutsche Welle

Sony to make vinyl records again after 30-year hiatus

The Japanese tech giant stopped making vinyl records in 1989, with cassettes…

Deutsche Welle

France to stop granting oil exploration licenses

The French government says it is going to stop granting new licenses…

Deutsche Welle

Qatar Airways seeks stake in American Airlines

The breakdown in relations in the Middle East hasn't deterred Qatar Airways,…

Deutsche Welle

France, Germany to divide EU regulation after UK exits: report

A magazine report claims France and Germany will share responsibility for EU…

Deutsche Welle