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

Pro-SME strategy is an aeroplane without wings

Despite increasing focus by the government and the Central Bank of Egypt…

Daily News Egypt

Electricity Minister to meet renewable energy investors about feed-in tariff projects

30 companies to review with the minister the problems facing feed-in tariff…

Mohamed Farag

Robust sales help VW ride out Dieselgate

German carmaker Volkswagen has reported a rise in sales and operating profit,…

Deutsche Welle

Samsung and Huawei prices up by 11.1%

Galaxy S7 at EGP 10,400 and P9 Plus at EGP 7,500

Mohamed Alaa El-Din

Bright Sky Travel expects 50% decline in tourist arrivals to Egypt in 2016: chairperson

Blue Sky Group will begin marketing campaigns in Eastern Europe, especially in…

Abdel Razek Al-Shuwekhi

British retail bank Lloyds announces more job cuts

Lloyds Banking Group has said it will have to speed up its…

Deutsche Welle

Will the IMF loan be the answer to Egypt’s currency crisis?

The time is right to abolish foreign currency exchange control, says Beltone

Mohamed Samir

Egypt targets $21bn loan over 3 years to finance economic programme

IMF to offer $12bn, while the World Bank, AFDB, and international bonds…

Daily News Egypt

US dollar loses over 50 piastres on informal market following announcement of $12bn loan from IMF

The US dollar is likely to see more depreciation in the coming…

Hossam Mounir