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

Implementation of VAT to generate EGP 35bn in FY 2016/2017: Ministry of Finance official

Parliament is yet to discuss and vote on the implementation of the…

Sara Aggour

The Egyptian real estate leaders: how well are they doing?

The business of the Egyptian real estate market has been flourishing despite…

Sara Aggour

HDB posts SME loan portfolio of EGP 1bn: CEO

SMEs constitute 12% of the bank's loan portfolio

Hossam Mounir

290 ships carrying 16.2m tonnes transit the Suez Canal last week

An average of 41.4 ships transited the canal per day during the…

Mohamed Ahmed

CBE’s microenterprise initiative remains under discussion

The CBE is holding meetings with relevant bodies to launch the initiative,…

Hossam Mounir

NBE aims to reduce delayed debt payments by June: deputy chairperson

The National Bank of Egypt currently has an outstanding debt of EGP…

Hossam Mounir

Panama agrees to cooperate with France over ‘Panama Papers’

Panama's president initially took a hostile position to French demands of cooperation…

Deutsche Welle

The Panama Papers’ growing impact on Africa

While no African official has yet resigned as a result of the…

Deutsche Welle