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

Ambiguity surrounds CBE’s decision to raise dollar price by 10 piasters

Analysts await CBE’s next step, expecting an increase in commodity prices

Daily News Egypt

Defined goals set in revised budget: Dimian

Government revision on budget included lower targeted budget deficit, lower spending and…

Sara Aggour

Emergency plan in place to offer subsidised food during Eid Al-Fitr

EGP 500m additional subsidy for commodities on ration cards offered during Ramadan

Sara Aggour

Dollar exchange rate expected to exceed EGP 7.8 this week

CBE sold $40m of periodic dollar bid, with average dollar exchange rate…

CBE raises dollar price by 10 piasters at official auction

The Central Bank of Egypt (CBE) allowed the Egyptian pound to deteriorate…

Daily News Egypt

Islamic monuments in Khalifa region restored through donations

AtharLina initiative works on conservation of Shajar Al-Durr Dome, Mashhad El-Sayeda Roqia,…

Shaimaa Al-Aees

Ramadani tourism events in historic, non-historic places in Egypt

Tourism during holy month includes historic tours, breaking fast meals, tanoura and…

Rana Yehia

Misr Insurance pays EGP 127.5m in compensation for Taba Heights torrent damages

By Abdel Razek Al-Shuwekhi and Mohamed Azab Misr Insurance Company has paid…

New state budget targets total deficit of EGP 251bn: Finance ministry

Total debt interest for local and foreign loans in state budget draft…

Shaimaa Al-Aees

Domestic tourism programme to visit Taba, Nuweiba stops in Ramadan: Sulaiman

Primary approval given to extend programme until end of September, which raises…