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

ESAA trained EGX personnel to deal with companies’ merging, dividing cases

Programme took three weeks, included clarification of modern concepts of Egyptian accounting…

Mohamed Ahmed

State Council to discuss amendments to Capital Market Law

The EFSA announced on 19 August the approval of the Economic Legislation…

Mohamed Ahmed

NREA calls on Benban investors to obtain new licenses from military

Maximum waiting period for approval is three months, cost has yet to…

Mohamed Farag

The Investment Complaints Unit returns $5.9m to TDA

The Investment Complaints Unit at the Administrative Prosecution Authority succeeded in returning…

Daily News Egypt

German Henkel to take part in restoration of Tutankhamun mask

Henkel will provide high-tech adhesive material to restore the chin properly

Daily News Egypt

Banks take steps to support tourism after new CBE initiative

Measures include postponing loan repayments for tourism employees and investing in facilities

Hossam Mounir

Suez Canal revenues fall to $408.4m in November, marking 7.7% annual decline

Revenues record decline for third consecutive month since inaugurating the new canal…

Mohamed Ahmed

$30m direct monthly losses in Sharm El-Sheikh due to UK, Russian flight bans: Al-Zayat

Minister of Tourism Hisham Zaazou estimated monthly losses due to European flight…

Daily News Egypt

EgyptAir considers direct flights from Gulf to Sharm El-Sheikh, Hurghada in January 2016

1.6m Arab tourists visited Egypt last year, accounting for $1.5bn of $7.3bn…

Daily News Egypt

3.3% decline in manufacturing, extractive industries production index in October: CAPMAS

CAPMAS issued a metadata report of the production index of manufacturing and…

Shaimaa Al-Aees