Latest Business News
TDA orders postponement of Marsa Alam tourism projects due to late payments: investors association
Relative paucity of tourists to the region has led to a decline…
Suez Canal Zone chairman signs $500m agreement with Singaporean company
Electricity generating station and water desalination station to be established in Ain…
5.6% decrease in number of tourists in 2015: CAPMAS
The total length of stay by all visiting tourists was 84.1m nights…
Egypt looks to ITB Berlin to recast image of tourism sector
The number of tourists to visit Egypt in 2015 fell by 600,000…
Unflagging EGP decline threatens Egypt’s economic growth
US dollar is forecasted to break EGP 10 threshold
Government banks issue domestic US dollar bond certificates and prepare international euro bond certificates
NBE, Banque Misr, Banque du Caire will offer three-year certificate to Egyptians…
EGX-30 closes with 0.5% surge, unaffected by CBE’s decision
Analysts argue that positive news would encourage investors to buy
MPs suggest change in monetary policy punctuated by floating exchange rate
House of Representatives will request Governor of CBE disclose his strategy in…
Government banks issue CDs to domestic market in US dollar
NBE, Banque Misr, Banque du Caire will offer three-year CD to Egyptians…
Floating pound would resolve eroding dollar reserves, but it is not feasible: EFG Hermes
Our expectations for economic growth in the current fiscal year align with…