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

Mubasher backs down from seeking acquisition of financial consulting firm

The company is to receive a new license within two months, after…

Mohamed Ahmed

Egypt receives $650m worth of fuel from Saudi Arabia in May and June

Brent hike moves Aramco bill to $350m this month

Mohamed Adel

Russian President Vladimir Putin signs trade deals in China

Russian President Vladimir Putin has met Chinese leaders in Beijing to push…

Deutsche Welle

GAFI develops solutions for Taba, Nuweiba development

The region has 70 hotels under construction, 28 of which are currently…

Abdel Razek Al-Shuwekhi

GE agrees with Harbin to establish coal-fired power station for $8bn

Ministry of Electricity and Energy awaits cabinet's approval to conclude signing of…

Mohamed Farag

Absence of GDR selling operations’ data compromises accuracy of foreigners’ purchases in EGX

Brokers have confirmed that the Egyptian Exchange’s recording purchases of Arabs and…

Mohamed Ahmed

Banks keep ignoring CBE’s interest increase

Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…

Hossam Mounir

UAE Exchange offers same-day cash pickup facility to customers in Egypt

Payment solution firm extends relationship with ALEXBANK to improve customer service and…

Daily News Egypt

ETTA extends deadline for banks’ complaints to Tuesday

Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014

Abdel Razek Al-Shuwekhi

210 ships pass through the Suez Canal, carrying 12.8m tonnes in 5 days

The major container ships of Maren Maersk passed through the canal carrying…

Mohamed Ahmed