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

Mobile phone smugglers are biggest winners of the dollar crisis

We reduced our spending investment by 90% and are studying layoffs, says…

Shaimaa Raafat

EGP devaluation is not a condition to increase exports: Exporters

The contradiction between monetary policies and economic policies led to the decline…

Shaimaa Al-Aees

Depreciating EGP postpones foreign investments

Foreign investors are sure that the Egyptian pound will be devalued further

Daily News Egypt

FEDCOC submits memo to Minister of Supply to cancel deposit maximum: Sources

CBE decreased EGP exchange rate against the dollar by 10 piasters on…

Abdel Razek Al-Shuwekhi

Pound depreciation has limited impact on budget deficit: Economists

Government forecasts on the deficit will not be achieved and will jump…

Mohamed Ayyad

Banque Misr considers financing major sectors with EGP 43.5

Bloomberg awards the bank for being the best in marketing joint loans…

Hossam Mounir

Arab Banking Conference to discuss financial inclusion, fighting poverty, and creating jobs

20th Annual Arab Banking Conference 2015 begins on 19 November with attendance…

Hossam Mounir

Supply minister meets with 3 companies to establish logistic zones

The three companies are Dia Corporate, Arma Group and Alsaeed Trading Company 

Rana Yehia

380 ships transit Suez Canal with 20.8m tonnes of cargo

A total of 13,649 ships transited the canal since the beginning of…

Daily News Egypt

Prime minister examines health, transportation sectors in Alexandria

135 buses from the public transportation in Alexandria were repaired in 2015

Daily News Egypt