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

CBE cannot be asked to bear more than it can to solve: El-Kosayer

The CBE is not responsible for providing the dollar; it is responsible…

Hossam Mounir

No legal action taken against car mobile-based applications, demand increased

Police have reportedly begun stopping Uber and Careem drivers to check their…

Doaa Farid

EGP 1.9bn in Verna sales in 2015

The Hyundai Verna topped the list of best-selling Korean cars, achieving sales…

Shaimaa Raafat

Al-Mansour Automotive introduces Opel Mokka to its showroom in bid to boost sales

The company will also open services centres and branches to halt 2015…

Ahmed Amer

Shell Lubricants Egypt to sponsor Automech Formula auto show

22 automotive manufactures will attend auto show with notable exception of Mercedes…

Mohamed Aboul-Fotouh

Cash-U launches electronic payment services in Singapore

70% of Middle East and North Africa population do not have bank…

Mohamed Alaa El-Din

Acwa Power agrees to jointly fund Dayrut power plant

Weekly meeting will be held with Ministry of Electricity officials until a…

Mohamed Farag

CBE raises cap on dollar deposit to $1m per month

The new cap compares to the previous daily limit of $10,000 on…

Hossam Mounir

Record of EGP 34bn personal vehicles sold in Egypt in 2015

Korean cars topped auto sales at total of 58,000 vehicles, followed by…

Ahmed Amer

ESIIC registers EGP 5.8bn in revenues, brands its product for exportation

The sugar manufacturer will start exporting its products to Kenya

Sara Aggour