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

EGP devaluation is credit positive for banks: Moody’s

Moody’s forecast of Egypt’s economic growth is lower than the government’s predictions

Daily News Egypt

CBE maintains EGP interest rate

The CBE interest rates are the main index for interest rates on…

Hossam Mounir

240 companies to participate in Food Africa exhibition in May

350 buyers from several European and African countries will participate in the…

Daily News Egypt

Egypt, UAE discuss cooperation in real estate projects

Sheikh Hamed Bin Zayed Al Nahyan assured the UAE’s interest in participating…

Daily News Egypt

Huawei’s global brand awareness improved to 76% in 2015

Huawei ranked third worldwide in terms of its net brand promoter score,…

Daily News Egypt

OTMT loses EGP 3.6bn during 2015

Funding costs increased during 2015 to hit EGP 1.04bn, says the company

Daily News Egypt

Deutsche Bank logs unexpected first-quarter profit

Germany's biggest lender, Deutsche Bank, has reported a profit for the first…

Deutsche Welle

Arab African International Bank awarded sponsorship of El Gouna Squash Open amid fierce competition: Hassan

El Gouna Open has become one of eight major international squash tournaments,…

Hossam Mounir

Tourism revenue expected to decline by 40% by December 2016: ETF chairman

Tourism revenues will fall to $3.5bn in 2016, compared to $6.1bn in…

Abdel Razek Al-Shuwekhi

If Russian, British flight suspensions continue, sector’s losses will be exacerbated: Hisham Ali

Russian and British tourism represent the largest influx to South Sinai resorts;…

Abdel Razek Al-Shuwekhi