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

IDA approved 153 industrial projects worth EGP 2.6bn: Report

Indicators reflect confidence of local and foreign investors in Egyptian industrial sector:…

Mohamed Ayyad

NBE, Banque Misr collect EGP 28bn within 5 days, expected to increase

Both banks attracted liquidity from outside banking sector, dollar selling operations to…

Hossam Mounir

Cultural life in Paris grinds to a halt after attacks

Following Friday's attacks, Paris is in a state of emergency, also in…

Deutsche Welle

Attacks in Paris harms Egyptian tourism: Tourism workers

Tourism workers expect decline in inbound tourism from Europe to unstable Middle…

Abdel Razek Al-Shuwekhi

Hotels lower their prices to cope with crisis

A 25% discount rate is expected to last until February

Doaa Farid

Workers in Sharm El-Sheikh have no faith in elections

South Sinai is among governorates of 2nd phase of parliamentary elections that…

Doaa Farid

In Pictures: Sharm El-Sheikh abandoned

Crowded streets were filled with foreign and Egyptians tourists and investors with…

Doaa Farid

Ghost Old Market: Salespeople haunted by memories of tourists

“Before the plane incident, we at least had money to buy our…

Doaa Farid

CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies

Banks are obliged to deposit the amounts the will obtain with the…

Hossam Mounir