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

Public Authority for Services studies investing Egypt Post’s real estate assets

We are currently evaluating financial offers to use the post offices’ roofs…

Daily News Egypt

Deutsche Bank fined for violating US sanctions

Deutsche Bank will have to pay hundreds of millions of dollars for…

Deutsche Welle

WorldRemit launches money transfers to Egypt via mobile

WorldRemit currently enables more than 300,000 transactions per month and is available…

Shaimaa Al-Aees

Abraaj acquires majority stake in oncology, radiology centres

The group is establishing a local network for diagnosing and imaging tumours,…

Daily News Egypt

German companies interested in  Egypt’s energy sector: Investment ministry

Joint committee of investors and government agencies to speed up business launching…

Mohamed Ayyad

Tourism in Egypt suffers after several tragedies

Suspicion that plane crashed as a result of external forces threatens the…

Daily News Egypt

Tourism movement to Egypt not affected by Russian plane crash: Tourism Authority head

Opinions predicted tourism will decline more than 20% in 2015 because of…

Abdel Razek Al-Shuwekhi

Drilling of 3 vertical limestone wells in Apollonia complete: EGPC

Shell reduced the number of wells to be dug, due to Brent…

Mohamed Adel

Tourism ministry to participate in international exhibitions in FY 2015/2016

Exhibitions to take place in Poland at the end of November, Vienna…

Abdel Razek Al-Shuwekhi

Low oil prices force rethink on reforms in Gulf states

The rapid decrease in oil prices has caused widespread fear in the…

Deutsche Welle