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

Collapse of oil prices strikes Gulf stock markets

Saudi Arabia’s market was the hardest hit, losing 9.93%, followed by Qatar…

Daily News Egypt

EGX to decline to 6,700-6,800 points on Sunday: Analysts

Technical analysts attributed predictions of fall in EGX to impact of severe…

Mohamed Ahmed

275 ships transit Suez Canal with total load of 15.98m tonnes

In July 2015 before the inauguration of the New Suez Canal, the…

Mohamed Ahmed

Imtenan referred to prosecutor general for unregistered product

Company should not have introduced product to market before receiving NNI’s approval

Sara Aggour

Government and Maxim Holdings inaugurate EGP 14bn tourism project

Purported to be largest on Northern Coast, project will lie in Sidi…

Daily News Egypt

Egypt received first $500m portion of loan from AfDB: Amer

The CBE awaits the first portion of the loan agreed upon with…

Hossam Mounir

PTA Bank studies financing green-field project in Egypt

The bank recorded a loans portfolio of $2.6bn for projects in Africa…

Shaimaa Al-Aees

Coordinating Council to discuss raising foreign deposit limit for companies

During its extraordinary meeting, council will review programme to support economy that…

Hossam Mounir

EGX agrees to extend Al Salam Group’s listing period to May

Company seeks to obtain approvals from the Kuwaiti Capital Market Authority to…

Mohamed Ahmed

Bank Audi Egypt plans to pump EGP 8bn into different economic sectors in 2016

The bank is set to sign a loan agreement with the EBRD…

Hossam Mounir