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

Cabinet to consult with presidency to hold global economic conference next May

The issuance of dollar bonds is postponed indefinitely and other alternatives are…

Mohamed Ayyad

Ganope to propose research and exploration bid in 2016

Ganope Chairman Abu Bakr Ibrahim told Daily News Egypt the new bid…

Mohamed Adel

Ministry of Industry to increase export fees on fabric scraps to EGP 3,500 per tonne

Exports of scrap fabric for recycling increased to 294 tonnes in 2015,…

Daily News Egypt

Stock market expected to decline due to increase in interest rates

Stock exchange to face short wave of profits as a result of…

Mohamed Ahmed

The Role of Institutional Investors in the Egyptian Capital Market

Over the years, enforcement activity has grown and in 2014, the exchange…

Daily News Egypt

Visa will present Egypt with new opportunities for financial inclusion: Senior VP

Poverty alleviation requires multiple policy interventions and financial inclusion is just one,…

Hossam Mounir

Egypt suffers under weight of excessive importing: Deputy CBE Governor

We spent $76bn on imports last year, of which $16bn did not…

Hossam Mounir

CBE Governor denounces media reports on Egypt delaying payment of foreign dues

The CBE covers the state’s requirements of the strategic and basic commodities,…

Hossam Mounir

Suez Canal traffic data for the week of 18 December

The average per ship load was estimated at 55,300 tonnes.

Mohamed Ahmed

State Council sends capital market by-law amendments to Investment Ministry

The State Council reviewed the amendments of the law Saturday, to ensure…

Mohamed Ahmed