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

France: Hotel stays drop due to attacks

The number of nights spent in French hotels by foreign tourists in…

Deutsche Welle

Brexit boosts UK flight bookings

While the British vote to leave the European Union may have quite…

Deutsche Welle

New Avenue makes EGP 1.71bn deals for real estate investment in recent months

These transactions reflect the return of demand for real estate services, especially…

Badway Shalaby

The transformation and decline of Deutsche Bank

Shares of Deutsche Bank and Credit Suisse have been dropped from the…

Deutsche Welle

China trade performance slumps

China has logged worse-than-expected trade figures for July, with both exports and…

Deutsche Welle

Al-Futtaim to build administrative offices worth EGP 700m for delivery in 2017

Al-Futtaim, the creators of Cairo Festival Citym may ask for a EGP…

Shaimaa Al-Aees

Why did power companies agree to local arbitration for cost-sharing agreement but refuse it for power-purchase contracts?

Minister of Electricity Mohamed Shaker's recent remarks against power companies have incensed…

Mohamed Farag

14.4% more jetties built in Damietta port in the first half of 2016

22% increase in the volume of cargo transported through the port from…

Mohamed Alaa El-Din

The Economist’s biased reports will not affect IMF deal: economists

Al-Sisi has gone “beret in hand” to the IMF for a $12bn…

Shaimaa Al-Aees

Government banks rely on own resources to obtain US dollars, not on CBE tenders: head of Banque du Caire

Banque du Caire, along with all state-owned banks, does not obtain its…

Hossam Mounir