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

Market controlled by expansion in gas imports: Ministry of Petroleum

The Gulf’s support reduced the pressure on the budget and stabilised consumption…

Mohamed Adel

Al-Sisi’s motive to eliminate power outage crisis in two years

Signing new projects and providing fuel to plants are among the most…

Mohamed Farag

Has Al-Sisi put Egypt’s economy on the right track?

On the occasion of Al-Sisi’s two-year anniversary as president, Daily News Egypt…

Daily News Egypt

Public debt inflates by EGP 1tr to reach EGP 2.8tr during Al-Sisi’s presidency

Acute shortage of resources would push debt to record further increases in…

El Husseiny Hassan

Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor

Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…

Hossam Mounir

Tourism awaiting recovery after a two-year decline

Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…

Abdel Razek Al-Shuwekhi

Al-Sisi’s mega projects: a road to growth or to inflation?

Al-Sisi announced on Friday that the state is currently managing several national…

Daily News Egypt

Gulf states provide Egypt with $6bn to support foreign reserves

Egypt's foreign exchange reserves have been bolstered with $6bn from Saudi Arabia,…

Hossam Mounir

Amazon adds billions to Indian investment

Amazon chief executive Jeff Bezos has pledged an additional $3 billion (2.6…

Deutsche Welle