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

Egypt looks for long-term payoff on the New Suez Canal

By Oxford Business Group The expansion of Egypt’s strategically vital Suez Canal,…

Daily News Egypt

Final composition of Ismail’s government within a week

The economic group is under revision; ministers of education, higher education, and…

Mohamed Ayyad

Outstanding balance of treasury bonds at EGP 614.19bn by end of August: Ministry of Finance

These bonds were introduced during the period 15 November 2005 to 11…

Hossam Mounir

ADIB Capital to arrange to loan EGPC over $100m

The loan will be used in financing the imported petroleum shipments the…

Daily News Egypt

Bank Audi-Egypt considers granting loans worth more than EGP 7bn: Fayed

Plans to increase bank's share in Egyptian market and open 7 new…

Hossam Mounir

Qalaa Holdings in negotiations to exit Sphinx Direct Investment

The structure of the deal depends on swapping Sphinx stock's for shares…

Daily News Egypt

Banque Misr completes requirement steps of FATCA

The bank added that its branches in both the UAE and France…

Hossam Mounir

Nigeria: Corruption scares off companies

The Dutch company Brunel no longer wants to do business in Nigeria.…

Deutsche Welle

Will banks fund state budget deficit or development projects?

The CBE could help banks do both if provided with sufficient liquidity,…

Hossam Mounir

Banks are ready to finance development projects: Metwally

Optimism about future is based on existence of determined administration to change…

Hossam Mounir