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

Egyptian economy to improve in 2017’s initial months: FocusEconomics

Investment expected to grow by 4.5% in FY 2016/2017 and 5.3% in…

Reem Hosam El-din

Stock accumulation pushed auto manufacturers to stop production

Ghabbour stopped assembling Hyundai, Geely, Chery 

Ahmed Amer

Egypt signs cooperation deal with Union Pipes

Ministry of Military Production is keen to participate in national development projects,…

Hossam Mounir

CBE forces banks to notify it before providing foreign currency to government institutions

Banks are obliged to notify the CBE before providing foreign exchange for…

Hossam Mounir

The informal market returns to scene of US dollar crisis

USD price at banks stood at EGP 17.55 to buy, and EGP…

Hisham Salah

7 medical supply companies referred to prosecution

The companies' violations caused extensive losses to Nasser Institute for Research and…

Daily News Egypt

$7bn BOP surplus by end of first half of FY2016/2017: CBE

Surplus includes $5.1bn generated after flotation

Hossam Mounir

World Bank delegation to visit Egypt next week to monitor reform updates

Nasr also met with Mourad Wahba to discuss the UNDP programme

Daily News Egypt

Minister of Finance issues VAT bylaws 

The bylaws will provide tax refunds for exported goods and services

Mohamed Samir

Egypt to participate in Barcelona exhibition to promote investment in Suez Canal area 

Cooperation protocols with Spanish companies to be implemented within days, says Darwish

Mohamed Farag