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

CBE confirms banks’ commitment to its instructions for financing small, very small projects

The Central Bank of Egypt (CBE) affirmed that the banks operating in…

Hossam Mounir

Egypt to impose EGP 900 fee on sugar exports until year’s end: industry minister

This decision will secure the needs of the local sugar market, says…

Mohamed Ayyad

Deutsche Bank faces angry shareholders

Germany's biggest lender has told its shareholders gathered for an annual meeting…

Deutsche Welle

Google gets louder on voice-activated tech

Beyond delivering search results and the Android mobile operating system, tech giant…

Deutsche Welle

Bayer confirms merger talks with Monsanto

A merger of the world's biggest producers of seeds and pesticides may…

Deutsche Welle

To the dismay of many, devaluation of Egyptian pound gives way to price increases

The Central Bank of Egypt’s March decision to devaluate the Egyptian pound…

Shaimaa Al-Aees

Huawei plans to increase its smartphone market share to 30% by year’s end

The company achieved half of last year's revenues as of Q1 of…

Mohamed Alaa El-Din

Tourism Ministry warns projects less than 10% completed must adhere to construction timetable

167 projects have not stuck with the implementation timetable, representing 18% of…

Al-Juwisry in negotiating with Housing Ministry to launch real estate projects

The group will invest $800m into different projects through self-financing

Shaimaa Al-Aees

Economic reforms are weak and insufficient: 3 former ministers

The blurry monetary policy is an obstacle to economic growth, and development…

Mohamed Ayyad