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

Subsidy bill jumps to EGP 15.8bn in July-August 2015: CAPMAS

Rationed commodities acquire largest amount in subsidy bill, amounting to EGP 8.3bn…

Mohamed Ayyad

Petroleum exports drop by 38% while imports surge by 4.7%: CAPMAS

Production of petroleum products, including natural gas, decline during September

Daily News Egypt

Tax revenues reach EGP 36.1bn from July to August

Tax on goods and services accounted for first place of tax revenues,…

Daily News Egypt

SCA signs settlement with Mashreq Petroleum to withdraw concession lands

Lands are allocated to establish a terminal for storage and handling of…

Daily News Egypt

Afreximbank allocates $1bn for 10 of Egypt’s commercial banks led by NBE

Distribution of money to banks will be based upon their requirements for…

Shaimaa Al-Aees

Amer heads new CBE board meeting Sunday

Market awaits Amer's new decisions on exchange rate, dollar deposit caps, and…

Hossam Mounir

Facebook dads and same-sex couples to benefit from changes to parental leave

Beginning next year, full-time Facebook employees around the globe will be entitled…

Deutsche Welle

Young entrepreneurs develop digital medical solutions

Startups like Vitameter, Serona and Viomedo stand for innovative digital solutions in…

Deutsche Welle

The Siemens affair: Lost in translation

In Greece, a corruption trial against former Siemens executives and others employed…

Deutsche Welle

Rome banishes centurions, rickshaws over tourist scams

Fake gladiators with plastic helmets, swords and shields - long a tacky…

Deutsche Welle