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

Apple apologizes over alleged racism

A Facebook video gone viral has left Apple fielding accusations of racism…

Deutsche Welle

Greeks start general strike over austerity

Greeks have walked off the job to protest austerity measures the southern…

Deutsche Welle

Siemens logs profit on restructuring effort

German technology giant Siemens has been able to considerably increase its profit…

Deutsche Welle

Tourism investors call on banks to extend payment deadlines, reduce interest rates

CBE governor will discuss loan interest rates and postponing tourism sector’s overdue loans

Abdel Razek Al-Shuwekhi

Occupancy rates stabilise in Marsa Allam

Hotels of the region have about 10,000 rooms, with investments valued at…

Abdel Razek Al-Shuwekhi

Colored diamonds new cash haven?

It has been a glittering week for top auction houses in Geneva…

Deutsche Welle

Dollar devaluation against EGP to contribute in paying-off importers bills: FEI head

CBE provided $1bn from a total of $4bn to meet the requests…

Shaimaa Al-Aees

World nations agree on a new way to track planes via satellite

A new global deal has open the way for nations to track…

Deutsche Welle

Women most affected by regional challenges: Nasr

An independent commission was formed in Egypt to eliminate all types of…

Menna Samir

EFG Hermes’ net profits inch up to EGP 120m in Q3 2015

Growth was primarily driven by a strong boost in revenues that reached…

Menna Samir