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

EGPC fails to provide cost of fuel for 13 ships held at Alexandria port: sources

The authority is paying $8,000 a day in waiting fees for the…

Mohamed Adel

Etisalat Misr ordered to pay Orange EGP 285.1m for interconnection fees

Orange Egypt added that Etisalat Misr should pay Orange the EGP 285.19m…

Daily News Egypt

Parliament approves taxes on members’ salaries

Some MPs believe that supervision of parliament’s expenses is intervention into the…

Abdel Razek Al-Shuwekhi

Decline in quality of mobile services in February

Etisalat rated best, Orange worst in terms of number of dropped calls,…

Mohamed Alaa El-Din

HSBC’s latest report shows that 75% of Egyptians are not ready to retire: executive

The bank saw growth in its asset lending book in 2015, reaching…

Sara Aggour

Majid Al Futtaim 2015 audited results confirm 29% increase in net profit

As for earnings before interest, taxes, depreciation and amortisation (EBITDA), they went…

Daily News Egypt

Al-Abdooli appointed CEO of Etisalat Group

Al-Abdooli’s experience has spanned over 25 years in the telecommunications sector, with…

Daily News Egypt

Government to establish infrastructure investment fund with Arab investments

NIB completed establishment of government entity to provide consulting for giant projects,…

Daily News Egypt

CBE closes 5 exchange companies for committing violations: deputy governor

Negm said the closure of money exchange companies and revoking their licenses…

Hossam Mounir

Banks must adhere to risk management system: CBE

Banking is most supported sector following 2011 revolution, owing to banking reform…

Hossam Mounir