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

Egypt to offer investors 47 consumer complexes as part of commercial chains project’: Cabinet    

‘Urgent measures will be undertaken to complete the evaluation of lands before…

Mohamed Ayyad

CBE contemplates range of scenarios to revive faltering factories and promote production

The Coordinating Council will discuss the CBE’s alternatives on 10 January, and…

Hossam Mounir

330 vessels transited Suez Canal in last week of 2015

Suez Canal Data reported a revenue decline to $408.4m in November compared…

Mohamed Ahmed

EGX aims to close between 6990 – 7050 points Sunday

Analyst predicts conservative first week movement in stock performance as there are…

Mohamed Ahmed

Government targets 10% increase in exports

Four working groups formed to draft a plan to accelerate import and…

Daily News Egypt

NBE to increase retail loans to EGP 50bn by end of 2017

Retail loans reached 21% of the bank’s total loans portfolio, and will…

Hossam Mounir

Banque Misr financial report highlights EGP 50bn increase in deposits

The bank recorded an EGP 56bn increase in its financials in FY 2014/2015

Daily News Egypt

Housing and Development Bank opens its 64th branch

The bank will begin applying the new Core Banking system and offer…

Daily News Egypt

Egypt shuts down Facebook’s Free Basics ahead of uprising anniversary

A free Facebook Internet service connecting more than three million Egyptians has…

Deutsche Welle

Ministry of Finance announces EGP 96.7bn budget deficit in first trimester of FY 2015/2016

State expenditures totaled EGP 221.2bn, an increase from the EGP 183.7bn in…

Daily News Egypt