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

Eni to link 4 wells in Zohr field to national gas network by mid-2018

We have concerns about Egypt’s ability to pay our dollar dues in…

Mohamed Adel

CBE sells $1.5bn to cover portion of temporary credit facilities to importers

Banks are required to redeposit amounts obtained in the CBE auction with…

Hossam Mounir

French government braces for more street protests despite amended labour bill

France can expect to see more unrest as the government attempts to…

Deutsche Welle

Sales in Palm Hills’ new project reach EGP 491m

Despite reports stating that demand on luxurious units will slow, PHD sells…

Daily News Egypt

Brazil accused of unscrupulous foreign loans

Campaigners have claimed the Brazilian national development bank is lending money to…

Deutsche Welle

TDA refuses to cancel fines due to delayed payments on projects under construction: Tourism Ministry official  

Delayed instalments from investors who obtained lands from TDA amount to approximately…

Abdel Razek Al-Shuwekhi

5 MPs announce candidacy for head of parliamentary tourism committee

A unified tourism law heads the concerns the tourism committee will address…

Abdel Razek Al-Shuwekhi

Deutsche Bahn posts first loss in 12 years

The German rail operator booked a heavy loss for 2015 despite record…

Deutsche Welle

BMW outlines new digital strategy

German luxury carmaker BMW has presented a new long-term strategy aimed at…

Deutsche Welle

Deutsche Börse, LSE agree ‘merger of equals’

Deutsche Börse and the London Stock Exchange (LSE) have reached agreement on…

Deutsche Welle