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

Global maritime market to grow significantly during Q1 of 2017: Lloyd’s Register Marine

Ships transiting Suez Canal to reach 65 ships by beginning of 2017,…

Naglaa Abou El-Soud

Ocean Express enters grain trading, shipping at Daqahleya port

New project aims to trade up to 1m tonnes of grain by…

Naglaa Abou El-Soud

Suez Canal Development Project will save Egypt’s economy: Safety Link chairman

Egyptian delegation to FIATA World Congress will promote canal projects, says Ahmed…

Naglaa Abou El-Soud

NBE, Banque Misr issue CDs with 15% yield

The NBE and Banque Misr will issue the CDs beginning on Monday…

Hossam Mounir

Expected increase in price of computers, tech products after raising dollar price

Price rise a positive step if price fixed and dollar enabled, says…

Mohamed Alaa El-Din

Next fiscal year’s budget returned to government by parliament after partial floating of pound

Finance Ministry targets a deficit of 10.5% for the next fiscal year,…

Abdel Razek Al-Shuwekhi

CBE devalues EGP amid concerns over inflation and budget deficit increase

The decision is expected to have far-reaching repercussions on the deficit and…

Daily News Egypt

Corruption among Iran’s business elites

In Iran, billionaire Babak Zanjani has been sentenced to death for corruption.…

Deutsche Welle

China’s Anbang upsets Marriott-Starwood merger

Little known insurer Chinese Anbang is on a major shopping spree in…

Deutsche Welle

Pound devaluation shakes market

EGX-30 jumps by 6.7%, amid renewed hopes for FDIs and major concerns…

Hossam Mounir