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

Estonians visits to Sharm El-Sheikh still on hold

Tourists from Baltic nation are still visiting Hurghada

Maya Nawar

Tourism sector awaits ‘mercy of the sky’: Federation chairman

$6bn tourism revenues for 2015, down $1.5bn on 2014

Abdel Razek Al-Shuwekhi

State, manufacturers appeal to activate auto industry strategy

Two of the main issues addressed during Wednesday’s session of the second…

Mohamed Ahmed

Lawsuits against Arab Bank rejected before US courts

The second US Circuit Court of Appeals in New York rejected claims…

Hossam Mounir

New ‘Car City’ raises controversy

The 20-year usufruct system hinders idea of establishing New Car City, says…

Menna Samir

VAT to raise taxes on cars with capacities less than 1,000 litres: ETA

Services and spare parts sectors to be subjected to the general tax…

Mohamed Ahmed

Amer requests bank leaders to support SMEs, arrange credit facilitations

Governor of the Central Bank of Egypt (CBE) Tarek Amer requested bank…

Hossam Mounir

IDA chairman reveals details of land allocation

The chairman of the Industrial Development Authority (IDA) has revealed details of…

Daily News Egypt

Banks seek to boots customer base, sell loans

Industry figures say more personal borrowing for cars will boost economy

Hossam Mounir

Siemens to increase research, development investment to €4.8bn

We seek real achievement in Cairo, not just collecting money and bringing…

Shaimaa Al-Aees