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

Banks fail to receive their share of CBE dollar auction

It maintained the exchange rate of the dollar against the pound at…

Hossam Mounir

ECA refers 4 pharmaceutical distribution companies to prosecutor general

Four companies for medicine distribution violate Law 3/2005 on Protection of Competition,…

Shaimaa Al-Aees

French prime minister urges tourists to ‘come spend money in Paris’

France's premier Maniel Valls sent a call to tourists to come to…

Deutsche Welle

Germany’s RWE to spin off renewables unit

Germany's second-largest power firm RWE has confirmed it is to split its…

Deutsche Welle

NTRA studies new technologies to provide frequencies for mobile companies

Authority is following up on mobile operators’ ability to propose 4G in…

Mohamed Alaa El-Din

EBRD allocates $500m for Egypt’s solar programme

Programme targets production of 2,000 MW with 40 projects of approximately 50…

Shaimaa Al-Aees

Manchester City sells stake to Chinese consortium

A consortium of Chinese investors has bought a 13 percent stake in…

Deutsche Welle

Cyber Monday outshines Black Friday

Cyber Monday, the year's biggest online shopping day is set to break…

Deutsche Welle

Britain’s leading banks pass stress test

Britain's seven biggest lenders have passed central bank stress tests designed to…

Deutsche Welle

German unemployment falls to new low

Germany's unemployment rate has fallen to its lowest level in 24 years,…

Deutsche Welle