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

BoE: ‘UK a leading beneficiary of EU membership’

The Bank of England has said Britain's membership in the European Union…

Deutsche Welle

Pressure pushed Ramez to resign a month before end of tenure

Ramez’ and CBE board of directors’ mandate was scheduled to end on…

Hossam Mounir

Tarek Amer, new guardian of the Egyptian pound

Expectations of a decline in dollar price on parallel market after departure…

Hossam Mounir

Amer Group awaits issuance of land for Cairo Capital

Amer called on CBE to fix dollar price

Doaa Farid

Number of Egyptian tourists to Greece declined, compared to Lebanese, Gulf tourists

Prices in Greece may be cheap for Europeans and Americans, but difference…

Daily News Egypt

VW halts European sales of rigged cars

German carmaker Volkswagen has announced it has stopped the sale of new…

Deutsche Welle

Tourism sector is optimistic about CBE’s new governor: Marsa Alam investor

Tarek Amer’s appointment will have a great impact on tourism sector, as…

Daily News Egypt

40% decline in occupancy causes investors heavy losses: Ministerial report

Direct and indirect expenses also rose with the rising price of fuel…

Abdel Razek Al-Shuwekhi

Market awaits dollar auctions to figure out trend of dollar against pound

Fixing dollar price in two upcoming auctions will be strong indication for…

Hossam Mounir

CBE orders banks to accept cash deposits in foreign currency: Industry minister

Accepting cash deposits is a step to restore growth rates in Egyptian…

Shaimaa Al-Aees