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

Suez Canal Authority signs settlement agreement with Suez Canal Container Terminal

Agreement provides for General Authority and Suez Canal Economic Zone to take…

Daily News Egypt

Afreximbank closes syndicated loan worth $525m for EEHC

Facility will be used to import gas turbines and other related equipment…

Menna Samir

NBK-Egypt reports 62.9% YoY increase in profits

The bank recorded EGP 445.6m net profits for the first nine months…

Hossam Mounir

Launching stocks suspended after obtaining funds for expansion: MIDOR CEO

$280m increase in shareholders' capital of the company, according to source

Mohamed Adel

Ministry mulls extension of domestic tourism programme

“Egypt is in Our Hearts” offers cut-price deals on Luxor and Aswan…

Abdel Razek Al-Shuwekhi

How protests and a blockade are crippling Nepal’s economy

Nepal has lowered its economic growth forecast from six to two percent…

Deutsche Welle

Tourists will return to Egypt: Sabre CEO

“Egypt will be able to recover quickly from crisis with its beaches,…

Abdel Razek Al-Shuwekhi

Russia halts gas deliveries to Ukraine, Kyiv responds

Russia has said it is halting its gas supplies to Ukraine, waiting…

Deutsche Welle

Butter prices soar in Japan amid renewed shortage

Japan is on its way to turning butter into a luxury item,…

Deutsche Welle

 Unofficial lines challenge NTRA controls

Traders resort to reactivating unused lines using the data of old customers

Mohamed Alaa El-Din