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

Tourism investors call on banks to extend payment deadlines, reduce interest rates

CBE governor will discuss loan interest rates and postponing tourism sector’s overdue loans

Abdel Razek Al-Shuwekhi

Occupancy rates stabilise in Marsa Allam

Hotels of the region have about 10,000 rooms, with investments valued at…

Abdel Razek Al-Shuwekhi

Colored diamonds new cash haven?

It has been a glittering week for top auction houses in Geneva…

Deutsche Welle

Dollar devaluation against EGP to contribute in paying-off importers bills: FEI head

CBE provided $1bn from a total of $4bn to meet the requests…

Shaimaa Al-Aees

World nations agree on a new way to track planes via satellite

A new global deal has open the way for nations to track…

Deutsche Welle

Women most affected by regional challenges: Nasr

An independent commission was formed in Egypt to eliminate all types of…

Menna Samir

EFG Hermes’ net profits inch up to EGP 120m in Q3 2015

Growth was primarily driven by a strong boost in revenues that reached…

Menna Samir

Lufthansa strike takes off after court ruling

A German court has struck down a Lufthansa injunction aimed at ending…

Deutsche Welle

ECG wins design rights for R1 Parcel phase of Marassi

The phase includes 1,105 residential and commercial units

Daily News Egypt

Fawry allocates EGP 20m to electronic commerce sector

By Mohamed Alaa El-Din and Hossam Mounir Fawry Company will allocate EGP…

Hossam Mounir