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

ECB expected to phase out 500-euro banknotes

The days of the eurozone's highest-denomination banknote may be numbered. The Governing…

Deutsche Welle

Siemens drop in net profit belies strong quarterly performance

German industrial giant saw its net profit fall between January and March…

Deutsche Welle

Royal Dutch Shell’s profit evaporates amid oil price slide

The Anglo-Dutch energy giant saw its after-tax profit reduced to a trickle…

Deutsche Welle

Bank giants settle rate manipulation charges

Seven major global banks have settled a lawsuit in the United States…

Deutsche Welle

Google, Fiat Chrysler strike driverless car deal

Google's self-driving tech is set to be built into 100 Fiat Chrysler…

Deutsche Welle

Social Responsibility in Egypt Forum highlights private sector’s social role

Minister of Local Development Ahmed Zaki Badr said that the government is…

Shaimaa Al-Aees

US car sales up, but VW suffers

Car sales in the US are on track to shatter last year's…

Deutsche Welle

NPA to profit by EGP 48.4m from printing social housing project documentation

Each copy costs EGP 6to print, and details the terms and conditions…

Mohamed Alaa El-Din

CBE fixes dollar price in Tuesday auction, dollar remains stable in informal market

Through its weekly auction, the CBE sells dollars to banks working in…

Hossam Mounir

Asian Development Bank ups its clout

With a simply trick, the Asian Development Bank will greatly increase its…

Deutsche Welle