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

Landlines lose 300,000 customers in November 2015

2.8% decline in users compared to October

Daily News Egypt

CBE to hold exceptional $1.5bn auction

CBE sold $200m to banks operating in the local market at rate…

Hossam Mounir

Domestic tourism initiative extended in bid to bolster occupancy

Egyptian Tourism Promotion Authority continues supporting tours for Egyptians; major sports and…

Abdel Razek Al-Shuwekhi

Decline in number of internet users, mobile users increased month-on-month

3.3% decline in number of mobile-web users, according to Ministry of Communications…

Daily News Egypt

Foreign investments spark controversy in Iran

Following the Iran nuclear deal, international sanctions are being rolled back. While…

Deutsche Welle

Expected increase in price of spare vehicle parts in coming months

Prices have not yet been affected as the quantities currently in the…

Ahmed Eid

Sony secures another stake in Michael Jackson’s music venture

Sony has said it's buying another big chunk of late pop star…

Deutsche Welle

Dollar crisis casts shadow on used-car sales and supply

Used-car prices increase by 30% to 40% amid limited imports of new…

Ahmed Amer

Hamburg authority expresses interest in managing Egyptian ports: Ministerial consultant

The consultant said the ministry is still in negotiations with China Harbour…

Rehab Saber

Egyptian ports must be transit point not storage yards: EIFFA vice president

Concerns surround logistic zones projects, government has not developed clear vision

Naglaa Abou El-Soud