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

ZTE, Infinix, Sony increase mobile prices in October

Increase ratios range between 1.5% and 8%

Mohamed Alaa El-Din

Synchronised security is new key for protection against cyber threats: Sophos vice president

Hackers now use ransomware to block users’ access to files until a…

Mohamed Alaa El-Din

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched Tuesday its regular weekly auction…

Hossam Mounir

New partner joins Al Tamimi & Company’s Cairo office

Al Tamimi & Company law firm recently welcomed its new partner Mohamed…

Reem Hosam El-din

Egypt exports EGP 7.9bn to Nile Basin countries, EGP 2.7bn in imports in 2015: CAPMAS

EGP 4bn was exported to Sudan and EGP 1.83bn to Kenya

Hossam Mounir

Egyptians’ support for IMF loan connected to their understanding of economic reform programme: El-Erian

International economic expert Mohamed El-Erian said that Egypt’s success in handling the…

Daily News Egypt

Eni completes drilling 6th well in Zohr deepwater

Production tests confirmed reserves increase to more than 30tn cubic feet of…

Mohamed Adel

Egyptian bankcards used to complete $2.5bn worth of transactions abroad in FY 2015/2016

Banks have received clear instructions to suspend cards that are being misused,…

Hossam Mounir

Banque Misr requires customers to provide travel documents to use cards abroad

These new controls are designed to prevent cards abuse, says bank chairperson

Hossam Mounir

Remainder of $6bn in additional funds to be secured in 2 weeks to guarantee IMF loan: El-Garhy

Minister of Finance Amr El-Garhy announced on Monday that Egypt will secure…

Daily News Egypt