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

14 direct benefits for Egyptian economy due to Suez Canal projects: Banking expert

Banks should exert more effort to support development instead of focusing on…

Hossam Mounir

Petroleum prices, international trade rates principal sources of Suez Canal income: Economists

International trade increases by 4% to 5% annually, hopes for 97 ships…

Abdel Razek Al-Shuwekhi

Suez Canal makes Egypt ‘economic tiger’ on international shipping lines: Maritime workers

The canal will be a lifeline for Egypt’s economy that not only…

Abdel Razek Al-Shuwekhi

German factory orders surge in June

German industrial orders are up significantly in June, surprising analysts expecting more…

Deutsche Welle

Munich Re ups profit guidance on healthy quarter

Germany's Munich Re has reported a marked rise in second-quarter profit. The…

Deutsche Welle

Strong US business boosts Deutsche Telekom’s profits

The Telekom's sales have seen healthy growth in the second quarter, boosted…

Deutsche Welle

UAE banks seek to be largest financer of Suez Canal projects

Emirates NBD is prepared with local and foreign liquidity to engage in…

Hossam Mounir

Billions expected to flow into Egypt after New Suez Canal opening: Analysts

Canal income to increase to approximately $13bn annually, over $100bn expected income…

Hossam Mounir

The Suez Canal: Strong international competition to other waterways

Over the past 10 years, the Suez Canal has taken a large…

Rana Yehia