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

China announces further stimulus amid slump

The People's Bank of China has cut interest rates for the sixth…

Deutsche Welle

British broadband provider TalkTalk reports cyberattack, ransom demand

Following a sustained cyberattack, telephone and Internet service provider TalkTalk has received…

Deutsche Welle

GM’s Opel denies violating EU emission standards

General Motors' subsidiary has vehemently denied a report by a German environmental…

Deutsche Welle

Daimler raises money to keep refugees warm

German automaker Daimler has donated more than 600,000 euros ($667,000) to help…

Deutsche Welle

Twitter CEO gives away shares to boost staff morale

Twitter co-founder and Chief Executive Jack Dorsey wants to devote a third…

Deutsche Welle

US prosecutors drop insider-trading charges against fund manager after landmark court decision

Charges against Michael Steinberg, a former fund manager at SAC Capital Advisors,…

Deutsche Welle

Egypt is capable of manufacturing automotives: Minister of Industry

Egypt seeks to develop an integrated incentive system to encourage global-producing companies…

Shaimaa Al-Aees

34.5% increase in public revenues during July, August: Ministry of Finance

Spending on public investment amounted to EGP 3.3bn, with an increase rate…

Shaimaa Al-Aees

I requested to leave CBE 3 months ago: Ramez

Former governor of the Central Bank of Egypt (CBE) Hisham Ramez said…

Hossam Mounir

CBE fixes dollar price against pound in first tender after Ramez’s resignation

The CBE offered a third tender to sell dollars to banks operating…

Hossam Mounir