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

Egypt suffers under weight of excessive importing: Deputy CBE Governor

We spent $76bn on imports last year, of which $16bn did not…

Hossam Mounir

CBE Governor denounces media reports on Egypt delaying payment of foreign dues

The CBE covers the state’s requirements of the strategic and basic commodities,…

Hossam Mounir

Suez Canal traffic data for the week of 18 December

The average per ship load was estimated at 55,300 tonnes.

Mohamed Ahmed

State Council sends capital market by-law amendments to Investment Ministry

The State Council reviewed the amendments of the law Saturday, to ensure…

Mohamed Ahmed

Studies to set standards for tourist, petroleum entities subject to tax

Ministers of Finance, Tourism, and Petroleum to sign the standards

Daily News Egypt

Banks to discuss deposits and loans, await decisions on return on debt instruments

Banks are meeting after the CBE lifted its basic interest rate by…

Hossam Mounir

Visa-free travel for eastern Europe, but with a lot of question marks

The EU Commission has recommended visa-free travel for the citizens of Georgia…

Deutsche Welle

Kheir Zaman opens its 39th branch in Qena

The branch contributes to the national development plan for the governorates of…

Daily News Egypt

Global challenges may affect Egypt’s GDP growth: CBE

Monetary Policy Committee increased pound’s interest rate to counter inflationary pressures

Hossam Mounir

Banque Du Caire offers youth electronic shopping card

The card is one of the bank's many products that aim at…

Hossam Mounir