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

Promotional campaigns to launch in Arab, local markets in November

Agreements were made regarding Arab and domestic tourism to avoid repercussions of…

Abdel Razek Al-Shuwekhi

1,000 Acres Project launched to establish industrial clusters with expected fund of $1bn: FEI head

The project is expected to provide 470 job opportunities in each governorate,…

Shaimaa Al-Aees

Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby

The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings…

Hossam Mounir

Greek bailout tranche delayed as Athens fails to deliver

Greece has been denied the next tranche in its bailout after eurozone…

Deutsche Welle

Salah Diab’s stocks frozen

Action follows the arrest of Diab and his son Tawfik on Sunday

Doaa Farid

CBE to provide $4bn in hard currency for import contracts: FEI head

NBE and Banque Misr provided $800m in the past few days to…

Shaimaa Al-Aees

CBE to convert $4bn worth of dues on importers to local currency

Tarek Amer holds frequent meetings with public bank heads to discuss developments…

Hossam Mounir

In Video: I will not leave Egypt: Russian Tourist

https://youtu.be/NfAKz5pKg5M Video by: Emad El-Sayed Montage: Omar Korashi

Daily News Egypt

VW scandal risks knock-on effect for Portugal

The VW plant Autoeuropa, one of the main employers in the Portuguese…

Deutsche Welle

In Video: Tourists confirm their safety in Sharm El-Sheikh

https://youtu.be/X_HSXq3RjWw Video by: Emad El-Sayed Montage: Omar Korashi

Daily News Egypt