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

Ministry of Communications issues tender to automate Alexandria’s public prosecution offices

The automated services tender comes within the framework of the ministry's larger…

Daily News Egypt

Economic uncertainty negatively affects real estate deliveries: JLL

Some 7,500 residential units were delivered, compared to 30,000 units forecasted by…

Daily News Egypt

Ousta to launch in Egypt next March

Ousta adopts precise standards for the selection of drivers and cars: Batrawi

Mohamed Alaa El-Din

Further pound devaluation expected: Investment bank analysts

US dollar projected to strengthen to EGP 9.5, leading formal and informal…

Sara Aggour

Inflationary wave hits markets after dollar value appreciates to EGP 9.15 in exchange offices

CI Capital has predicted a high average inflation rate, ranging between 11%…

Mohamed Ayyad

Manufacturers call for floating pound in exchange for providing dollar

The CBE’s decision will help increase exports and attract investments, says El-Sewedi

Mohamed Alaa El-Din

CBE bans foreign currency transactions at local points of sale

According to the CBE, this decision came in light of the discount…

Hossam Mounir

Banks introduce restrictions on dollar use abroad

Banks have the right to limit dollar use, in light of the…

Hossam Mounir

Dollar exceeds EGP 9 in Egyptian informal market for first time

Devaluation of the pound is not linked to import pressures, but a…

Hossam Mounir