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

Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist

Agency raised Egypt's economic outlook from stable to positive, affirming long- and…

Menna Samir

CIB records 47% revenue increase, 38% net profit increase in Q1

Bank said growth was driven by increase in non-interest income on increased…

Doaa Farid

CBE, EFSA cooperate for financial education programme

The proportion of Egyptians dealing with banks is 10%, says EBI executive…

Shaimaa Al-Aees

Piraeus Egypt has highest retail banking portfolio growth for 2014

The slowdown rate in Piraeus Bank-Egypt’s credit portfolio has declined, according to…

Daily News Egypt

Egypt seeks coal production increase despite solar power potential

Egypt’s coal consumption reaches 0.5m tonnes in 2013/2014, world consumption amounts to…

Shaimaa Al-Aees

Further gas shipment deals with companies that acquired first bid: Petroleum minister

Russian energy company Gazprom’s offer allows for supplying over 35 LNG shipments

Mohamed Adel

Egypt refuses Kuwaiti offer over Ayyat land dispute, new negotiations to start: Salman

Government is serious in resolving all investment disputes quickly and fairly, to…

Mohamed Ayyad

Tomato prices are not crazy, no increase in Ramadan

No one can control or monopolise the prices of vegetables because they…

Shaimaa Al-Aees

Egypt targets 1 million German tourists in 2015: Tourism Minister

The target will be to reach 1.3 million tourists from Germany by…