Latest Business News
Samsung’s exports record $790m over 2015, says Zuhair
Total exports of the Samsung factory in Beni Suef to produce TVs…
Price of dollar dropped to EGP 9.70 in informal markets Wednesday: Al Abyad
Dollar price may be dropped again to EGP 9.30 next Sunday, chairman…
CBE removes limits on foreign currency deposits and withdrawals for companies importing goods and basic products
CBE’s new decision was put into practice on Wednesday 9 March
TDA orders postponement of Marsa Alam tourism projects due to late payments: investors association
Relative paucity of tourists to the region has led to a decline…
Suez Canal Zone chairman signs $500m agreement with Singaporean company
Electricity generating station and water desalination station to be established in Ain…
5.6% decrease in number of tourists in 2015: CAPMAS
The total length of stay by all visiting tourists was 84.1m nights…
Egypt looks to ITB Berlin to recast image of tourism sector
The number of tourists to visit Egypt in 2015 fell by 600,000…
Unflagging EGP decline threatens Egypt’s economic growth
US dollar is forecasted to break EGP 10 threshold
Government banks issue domestic US dollar bond certificates and prepare international euro bond certificates
NBE, Banque Misr, Banque du Caire will offer three-year certificate to Egyptians…
EGX-30 closes with 0.5% surge, unaffected by CBE’s decision
Analysts argue that positive news would encourage investors to buy