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

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir

Importers believe Industry Minister’s decree violates WTO agreements

Decree aims to circumvent the laws and is not fair to importers,…

Shaimaa Al-Aees

EGP 3.82bn in investments for electricity distribution networks in 2016

A source at the company said electricity distribution companies need 79 medium-voltage…

Mohamed Farag

Travco will launch charter flights to Egyptian cities in March

Travco’s Dubai organised charter flights to Sharm El-Sheikh last week

Doaa Farid

Colliers predicts continued decline in tourism for Sharm El-Sheikh, Hurghada

An increase of occupancy in Sharm El-Sheikh and Hurgada basically depends on…

Daily News Egypt

Hotels send memo to Tourism Ministry about measures of real estate tax

Substitution Way stipulates calculating the in accordance with ratio of buildings to…

Daily News Egypt

Fall of Brent price pushes Petroleum Ministry to halt tender for new oil exploration

The price of Brent on international markets recorded $34.4 on Wednesday and…

Mohamed Adel

Difficult operating environment expected in GCC region: Alix Partners

GCC economies are highly vulnerable to global economic fluctuations

Daily News Egypt

Egypt to vacate Mogamma mid-2017 to ease traffic downtown: Cairo Governor

Talks with international companies to commercially use the building, says government official

Mohamed Ayyad

General Assembly of the United Bank gives the current board a new three month tenure

The General Assembly of the United Bank, which was held at the…

Hossam Mounir