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

Oil supply forecast to shrink next year

Cheap oil prices have been massively affecting global markets, from countries' budgets…

Deutsche Welle

Global Lease in talks with 4 banks to acquire EGP 600m: Managing Director

Plans to double issued capital to EGP 100m by H1 of 2016

Hossam Mounir

Investment returns in Egypt is among highest worldwide: ABC-Egypt CEO

 Egyptian economy is on the right track, invest now before you miss…

Hossam Mounir

CBE’s policies limiting hard currency cash deposits leads to disaster: Exporters, importers

There is large exit for local investments from market because of production…

Shaimaa Al-Aees

Egyptian economy critical, but optimism is possible through hard work: Fayed

EGP 400bn-EGP 500bn in banks ready to be loaned, our role begins…

Hossam Mounir

We now have a clear vision for Egypt’s economic direction: NBE Chairman

All indications confirm we have free economy that takes social justice into…

Hossam Mounir

New Suez Canal will positively impact Egyptian, global economy: UAB

The project aims to develop the canal as a waterway and increase…

Hossam Mounir

CBE, banks face 6 major challenges in upcoming period

Challenges include adjusting foreign exchange market, rebuilding reserves, and controlling inflation, say…

Hossam Mounir

United Bank to issue investors guide on Egyptian land: Germeen Amer

Plan for promoting investment opportunities in Egypt should be conducted

Hossam Mounir

I am optimistic for Egyptian economy’s future: Egyptian Arab Land Bank Deputy Chairman

Egypt needs highly efficient people who are able to make bold and…

Hossam Mounir