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

51.7% fewer tourists in May: CAPMAS

61.3% decline in Russian tourists; Saudis account for 31.2% of total tourists…

Hossam Mounir

IMF urges Italy to tackle slow growth and bank crisis

The International Monetary Fund (IMF) has called on Italy to launch urgently…

Deutsche Welle

Serious concerns dominate Egyptian automotive market following Brexit

The agreement between Egypt and the EU triggered a gradual customs reduction…

Daily News Egypt

Tesla claims ignorance of SEC probe after fatal accident

The electric carmaker says it has not been informed of an investigation…

Deutsche Welle

Automotive industry enhancement draft law to be presented to cabinet Wednesday

The strategy aims to enhance the local automotive industry through a specific…

Daily News Egypt

KIA unveils newly designed Cerato

Egyptian International Trading and Agencies (EIT) recently revealed the newly designed 2017…

Daily News Egypt

Turkey and Egypt: a new opening for rapprochement?

Lack of economic incentive for Egypt will continue to inhibit chances for…

Nicholas Mehling

Egypt’s fiscal position remains unstable: Moody’s

The current account deficit reached $14.5bn, up from $8.3bn the previous year

Daily News Egypt

Beijing’s long-awaited status update

Until now, China has forgone being titled a market economy, a matter…

Deutsche Welle

Aircraft giants defy market concerns at Farnborough

Order backlogs, Brexit concerns, slowing demand in Asia - pressure on the…

Deutsche Welle