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

Cultural life in Paris grinds to a halt after attacks

Following Friday's attacks, Paris is in a state of emergency, also in…

Deutsche Welle

Attacks in Paris harms Egyptian tourism: Tourism workers

Tourism workers expect decline in inbound tourism from Europe to unstable Middle…

Abdel Razek Al-Shuwekhi

Hotels lower their prices to cope with crisis

A 25% discount rate is expected to last until February

Doaa Farid

Workers in Sharm El-Sheikh have no faith in elections

South Sinai is among governorates of 2nd phase of parliamentary elections that…

Doaa Farid

In Pictures: Sharm El-Sheikh abandoned

Crowded streets were filled with foreign and Egyptians tourists and investors with…

Doaa Farid

Ghost Old Market: Salespeople haunted by memories of tourists

“Before the plane incident, we at least had money to buy our…

Doaa Farid

CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies

Banks are obliged to deposit the amounts the will obtain with the…

Hossam Mounir

Tourism now worse than January 2011: Sharm El-Sheikh taxi driver

Before the Russian plane incident each driver made at least EGP 700…

Doaa Farid

Official instructions on converting importers’ debts not yet received: Banks

A prominent banker told Daily News Egypt that banks operating in the…

Hossam Mounir

Russians in Sharm El-Sheikh: Between leaving for safety and staying for living

Egyptians head to the city to improve tourism

Sara Aggour