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

Lufthansa strike takes off after court ruling

A German court has struck down a Lufthansa injunction aimed at ending…

Deutsche Welle

ECG wins design rights for R1 Parcel phase of Marassi

The phase includes 1,105 residential and commercial units

Daily News Egypt

Fawry allocates EGP 20m to electronic commerce sector

By Mohamed Alaa El-Din and Hossam Mounir Fawry Company will allocate EGP…

Hossam Mounir

3 international investment funds acquire 85% of Fawry

Approximately 20% of the shares were acquired by the Egyptian American Enterprise…

Hossam Mounir

North African tourist industry in crisis

Following the deadly airplane crash over the Sinai last week, Russia has…

Deutsche Welle

Sharm El-Sheikh economic projects in trouble

Government agencies refuse to finance feasibility studies

Mohamed Ayyad

CBE intervenes to strengthen pound against dollar

Dollar fell in black market for hours until it suddenly stopped

Hossam Mounir

Germany’s ‘wise men’ urge lower wages for refugees

Berlin's top economic advisers have recommended suspending the country's minimum wage requirement…

Deutsche Welle

Egypt ranked 83rd out of 141 in tourism competitiveness: WEF

The UAE managed to go up from 30th place in the 2011's…

Daily News Egypt

Tourism workers anticipate cancellation of 70% of Christmas bookings

Plans to increase focus on European markets that have not issued travel…

Abdel Razek Al-Shuwekhi