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

Egypt’s GDP reaches EGP 2.5tn in 9 months of FY 2016/2017

Tourism sector grows by 80% while consumption contribution declined to 3%

Ahmed Farahat

German economy is responsible for 4.8 million jobs in the EU

Germany has recently been criticized for its large trade surplus. Ever since…

Deutsche Welle

Takata headed for bankruptcy

The Tokyo Stock Exchange suspends trading in Takata shares as ever more…

Deutsche Welle

70% decline in payments of credit cards abroad within 3 months

Foreign payments amounted to $226.7m at the end of March, $751.4m in…

Daily News Egypt

Finance Ministry extends real estate tax payment period to end of month

The decision aims to facilitate payment for tax payers and to collect…

Daily News Egypt

$6.6bn net foreign direct investments during first 9 months of FY 2017/2018

Foreign investments worth $10.8bn were injected into Egypt, $4.2bn outflow

Daily News Egypt

Schäuble ‘confident’ of Greece securing funds

Eurozone ministers, including its most powerful official Wolfgang Schäuble, are optimistic about…

Deutsche Welle

US interest rates up for second time this year

The Federal Reserve has announced the second interest rate hike this year,…

Deutsche Welle

Nile Air purchases latest airbus planes A321neo

  Nile Air company has requested to purchase the most recent single-aisle…

Ahmed Saad

$22m allocated annually for tourism promotion campaign: head of Tourism Promotion Authority

Arab tourism has achieved the highest rates during the first 4 months…

Daily News Egypt