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

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

In Video: Business people Say Conditions are Safe in Sharm El-Sheikh

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

Emad El-Sayed

Statement filed to combine OCI and CF Industries

Transaction is expected to close in 2016, according OCI

Daily News Egypt

OECD says growth outlook ‘deeply concerning’

Is the world headed for another recession? The OECD has raised the…

Deutsche Welle