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

Analysts predict decline of EGX following failed Beltone-CI Capital acquisition deal

The EGX will likely decrease from 7,756 points to 7,600 points after…

Mohamed Ahmed

Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE

The new figure marks an increase of $5.6bn (11.8%), the CBE reported

Hossam Mounir

No intention to turn PBDAC into commercial bank: chairperson

We seek to change the misconception that we simply offer fertiliser to…

Hossam Mounir

Six problems facing the bank in the coming period: PDBAC chairperson

The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…

Hossam Mounir

235 ships transit the Suez Canal carrying 14.3m tonnes in the past five days

The average load per ship was about 60,850 tonnes during that period.

Mohamed Ahmed

Piraeus port shareholders approve sale to COSCO

A buy-out of the Greek port by Chinese shipping giant COSCO is…

Deutsche Welle

What’s in store for Apple’s WWDC16?

Apple's annual Worldwide Developers Conference kicks off on Monday, giving software engineers…

Deutsche Welle

Malaysia Airlines ‘on course’ to break even by 2018

Malaysia Airlines' outgoing CEO Christoph Müller tells DW that the company is…

Deutsche Welle

Euro 2016 or no, soccer is a money-maker

The Euro 2016 soccer tournament kicks off this Friday in France. The…

Deutsche Welle

Facebook algorithms – we don’t need to let them control us

Are algorithms Facebook uses neutral - or do they have an ingrained…

Deutsche Welle