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

Hariri family sells its share in Arab Bank to group of investors

Oger Middle East Holding Company, owned by the Hariri family, sold its…

Hossam Mounir

Egypt continues to suffer from consequences of currency flotation: Focus Economics

Focus Economics forecasts an average inflation of 20.1%, 13.6% for calendar years…

Mohamed Samir

Usage of cards abroad dropped by 55% following flotation: CBE

Egyptians usage of cards abroad dropped by a value of $223m in…

Hossam Mounir

Darwish signs MoU to establish Polish industrial zone at Suez Canal

Ahmed Darwish, chairperson of the Authority for the Suez Canal Economic Zone,…

Mohamed Farag

The Egyptian Exchange approves Banque du Caire shares listing in EGX

The Egyptian Exchange (EGX) has announced their acceptance of  Banque du Caire’s…

Mohamed Samir

Net foreign purchases of T-bills jump to $1.15bn in January

Foreign investments in debt instruments is one of the most important sources…

Hossam Mounir

$4.5bn net inflows received by CBE in January 2017: official

Difficult reforms have been taken already, no intention to raise field prices…

Mohamed Ayyad

200% increase in El-Madawy’s orange exports

El-Madawy Co. for Cotton Trading and Common Import & Export aims to…

Basma Ragab