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

Prosecution drops monopoly charges against Oriental Weavers

The prosecution did not move forward with the charges against the company…

Daily News Egypt

Banque Du Caire finances purchase of 7,317 residential units within CBE real estate financing initiative

Banque Du Caire purchased 7,317 residential units for low and middle-income segments…

Hossam Mounir

Egypt’s growth opportunities in the wake of global financial instability

Increased financial links between emerging markets and advanced economies have resulted in…

Mohamed Samir

Only 3 Egyptian construction companies investing in Africa: EFCBC member

5,000 factories in Egypt are producing equipment for construction sector, says head…

Shaimaa Al-Aees

EGP 11bn in total sales of Azha project in Ain Sokhna: Madaar CEO

Madaar to receive over EGP 650m to fund construction in Azha project…

Shaimaa Al-Aees

Petroleum Ministry was not officially notified about not being supplied October shipments: Tarek El Molla

The ministry proposed a tender to secure the needs of the market…

Mohamed Adel

Bankers rule out floating Egyptian pound before making official request to borrow from IMF

Fund officials say that a flexible exchange rate for the Egyptian pound…

Hossam Mounir

Making currency exchange price more flexible is essential part of government’s programme: IMF

Egypt pledged to obtain half of bilateral funds and negotiations are ongoing,…

Daily News Egypt

Government to include capital gains tax in economic reform programme: Chris Jarvis

The IMF mission chief to Egypt spoke at the IMF and World…

Daily News Egypt