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

Profit repatriation impedes acquisition deals in local market

CBE failed to resolve repatriation problems, which hindered flow of foreign direct…

Mohamed Ahmed

Aviation Ministry issues invitation to tender for Airport City

The project will emphasise logistical and air shipping services in addition to…

Mohamed Alaa El-Din

NBE, Banque Misr, Banque Du Caire to launch ‘Bilady’ certificates for Egyptians abroad

Certificate will be issued in dollars with three and five-year maturation periods…

Hossam Mounir

GASC purchases 300,000 tonnes of wheat, reserves safe until June

Wheat quantities to be supplied in March from France, Romania, Ukraine, and…

Daily News Egypt

Egyptian-foreign alliance offers to develop Giza Zoo through usufruct system

Protocol signed with alliance in accordance with international measures, awaiting technical and…

Selim Hassan

314 ships transited Suez Canal last week, with loads of 19m tonnes

About 45 ships transited the canal per day on average during the…

Mohamed Ahmed

EGX-30 to range between 5,850 points and 6,150 points: Capital market analyst

Total value of traded securities recorded EGP 2.8bn, an official report issued…

Sara Aggour

Government to present its programme to parliament next week

Parliament will refer its internal regulations to State Council Wednesday, says Kamal…

Abdel Razek Al-Shuwekhi

Money transfers of Egyptians working abroad may save the day for Egypt

El-Kosayer sent out invitation through DNE asking Egyptians abroad to transfer 25%…

Hossam Mounir

ADIB posts EGP 1.852bn increase in net loans portfolio

Loans portfolio at the bank increased by 1% in Q4 of 2015,…

Hossam Mounir