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

The good and bad of China’s economy in 2015

The Chinese economy this year has been marked by slackening growth and…

Deutsche Welle

Ministry of Industry decreases nitrogen fertilisers export fees to EGP 50

The decree aims at achieving balance in the fertilisers market in Egypt…

Shaimaa Al-Aees

CBE to raise interest rate by 50 bps

In its meeting held on Thursday, the Monetary Policy Committee (MPC) of…

Hossam Mounir

Afreximbank provides $500m to support Egyptian exports to African countries: Industry Minister

The current funding value may be increased to $ 1bn, says Afreximbank…

Shaimaa Al-Aees

State, CBE, target macroeconomic stability in new programme

The Monetary Policy Committee raised the rate of the CBE’s main operation…

Hossam Mounir

EIB provides €200m for Egypt’s third metro line: Cooperation Minister

It is expected that all stages of the third line of the…

Shaimaa Al-Aees

Combination agreement between CF Industries and OCI amended

The proposed combination remains subject to approval by the shareholders of CF…

Shaimaa Al-Aees

CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer

The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…

Hossam Mounir

Ministry of Industry establishes Handicrafts Industries Chamber

The chamber includes industries of handmade textiles, pottery, porcelain, ceramics, woodwork, metal…

Shaimaa Al-Aees

Young managers from Africa learn in Germany

The initiative Afrika Kommt! (Africa's coming) was founded seven years ago to…

Deutsche Welle