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

Ministry of Finance reveals features of proposed customs law reforms

Introduction of a new system to receive information beforehand on all imported…

Hossam Mounir

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

Potential devaluation of pound causes EGX30 to rise to highest rate in 4 months

The transactions of Egyptians and Arabs were net buyers, while non-Arab foreign…

Daily News Egypt

Inflation rises to 14.8% in June 2016: CAPMAS

CPI is a measure of changes in the purchasing power of currency…

Hossam Mounir

Egyptian-Chinese Ministerial Committee G20 meeting to be held Monday

The meeting will finalise decisions regarding projects that were agreed on Sunday…

Adel M. Fakhry

January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007

5 January 1899 saw the issuance of the first Egyptian paper banknote,…

Hossam Mounir

Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE

The annual growth of banknote issuance is usually proportionate to annual GDP…

Hossam Mounir

MSCI Index declines by 1%, despite weekend’s gains

At the beginning of this week, the index started at 838 points,…

Daily News Egypt

EGX expected to move between 7,050 and 7,300 points this week

EGX closed at 7,182.8 points on Monday, with a 2.88% increase.

Mohamed Ahmed