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

Dollar officially stable at EGP 8.03, experts expect it to stay fixed until end of 2015

Parallel market confusion amid the decline of the dollar in anticipation of…

Mohamed Ayyad

US contributes $45m for new entrepreneurship and employment programmes in Egypt

New programmes provided through USAID in partnership with Ministry of International Cooperation

Daily News Egypt

China, Germany ink biz contracts worth billions

China and Germany have signed a number of business deals despite the…

Deutsche Welle

Deutsche Bank cuts thousands of jobs as it posts historic loss

Germany's biggest lender has posted a historic loss as the bank continues…

Deutsche Welle

Controversy over new EU diesel emissions test

New test procedures for automotive diesel emissions have been agreed by EU…

Deutsche Welle

Tourism chamber urges members to avoid unlicensed restaurants 

The Egyptian government's budget looses, as a result of international restaurants evading…

Daily News Egypt

FIHC 7 cooking oil companies record EGP 950m in Q1 FY 15/16

The revenues of these companies in the first quarter of current FY…

Daily News Egypt

Egypt drops 19 spots in World Bank’s ‘Doing Business’ 2016 report

A government official expects improvement after economic reforms are implemented

Mohamed Ayyad

Fed keeps rates steady as US data worsen

The US Fed has kept its interest rates unchanged, with analysts growing…

Deutsche Welle