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

“Fawry” facilitates donations for hospitals and NGOs 

“Fawry,” the Egyptian Market electronic payment company, has continued their role of…

Daily News Egypt

Uber boss Kalanick steps down for a while

The ride-sharing company has come under increasing fire over sexual harassment allegations…

Deutsche Welle

Fed rate hike expected on Wednesday

The US Federal Reserve is starting a two-day review of its monetary…

Deutsche Welle

EFG-Hermes explores new opportunities in Africa

The company wants to enter Nigerian and Kenyan markets in 2017

Elsayed Solyman

Siemens considers establishing training centre in SCZone, developing transport sector

Egypt is open to all investments and keen to benefit from German…

Mohamed Ayyad

Trade balance deficit dropped 43.1% in March: CAPMAS

Exports amount to $2.16bn, imports at $4.67bn, deficit down to $2.51bn

Hossam Mounir

Finance Ministry plans to expand tax segments on cigarettes to more than EGP 30

A trend to impose EGP 1.125 on luxurious and medium cigarettes

Ahmed Farahat

OECD: German employment impressive, wages aren’t

German employment levels are way above the average in OECD member countries,…

Deutsche Welle

Decline in demand of locally manufactured, imported cars by 50%

 43% decline in February: 6,500 units sold 

Daily News Egypt

US shortens leash on consumer finance watchdog

The Trump administration has proposed to curb the authority of the consumer…

Deutsche Welle