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

Occupancy rates at Taba hotels fall below 5%

19 of 23 Taba hotels have suspended operations

Abdel Razek Al-Shuwekhi

Civil Service Law’s fate uncertain amid push for reissuance

The government said that it will resubmit the law to the parliament…

Doaa Farid

IFC provides up to $50m to NBK-Egypt

IFC’s financing will help the bank meet the foreign currency requirements of…

Daily News Egypt

Economic ministerial group approves affiliation of SMEs sector to Industry Ministry

Economic slowdown, decline in foreign currencies and political turmoil affected SMEs sector…

Shaimaa Al-Aees

16 satellite channels to be prosecuted for advertising unregistered health tonics: CPA Chairman

Channels violated Article 6 of Consumer Protection Act 67/2006, says Yacoub

Daily News Egypt

Governorates allocate 2,023 land plots to private sector to establish new schools: PM

The Ministry of Education will supervise the entire education process and review…

Daily News Egypt

Monetary Policy Committee holds first meeting in 2016 to discuss future of basic interest rates at CBE

The MPC decided during its last meeting on 24 December 2015 to…

Hossam Mounir

Egyptian-American investors’ alliance buys 3 hotels for $52m in South Sinai and Red Sea: Tourism sources

Egyptian tourism sector may be good opportunity for foreign investors currently, as…

Abdel Razek Al-Shuwekhi

Launching 4G is expected to return EGP 8bn

NTRA should cooperate with sovereign bodies to provide frequencies for mobile operators:…

Daily News Egypt