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

EGP 98.9bn government spending on BE Budget amounts to EGP 1,098 per person

Spending on new cities amounts to EGP 29.8bn, where only 2% of…

Shaimaa Al-Aees

TV drama becomes newest advertising tool for real estate developers

Ads through TV series are much better than provocative ads, says citizen

Shaimaa Al-Aees

NBE raises interest rate by 1% on savings accounts, 0.75% on deposits

Banque Misr may approve a limited increase of the interest rate on…

Hossam Mounir

NTRA advises TE with terms and conditions for 4G licence

50% of licence's value will be collected in US dollars

Daily News Egypt

Egypt’s deterioration in pictures

Despite the nation’s return to stability, Egypt remains at the brink of…

Nicholas Mehling

279 ships transit through Suez Canal in 6 days carrying 16.5m tonnes of cargo

The average number of ships transiting the canal per day is 46.5,…

Mohamed Ahmed

VW investors want independent inquiry into emissions scandal

VW shareholders have grown frustrated with the state of the internal investigation…

Deutsche Welle

Cartel Capital promotes creation of electronic banking services platform in Middle East

Cartel Capital in the Middle East and North Africa will begin a…

Mohamed Ahmed

Absence of coordinating council in decision to increase interest rates

The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature…

Hossam Mounir