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

Occupancies in Alexandria will increase to 100% during the Eid holidays

Alexandria, North Coast and Ain Sokhna have most occupancies benefiting from transportation…

Abdel Razek Al-Shuwekhi

Germania and FTI to launch 4 direct weekly flights between Germany and Luxor

Efforts exerted abroad to promote Egyptian tourism, maintain incentives for charter flights…

Abdel Razek Al-Shuwekhi

Suez Canal investment opportunities still unclear: Canadian Chamber Chairman

Once details are provided, we’ll see what could be interesting for Canadian…

Menna Samir

39.3% increase in value of economic bodies’ production requirements in 2013/2014: CAPMAS

13% increase in value of economic bodies’ wages in 2013/2014

Daily News Egypt

Pirelli Egypt signs unique €2m agreement with Social Fund for Development

Aiming to finance small & medium enterprises to launch a new franchise…

Daily News Egypt

National council and financial allocations for climate change: Mehleb

The council will settle national plans related to climate change and link…

Mohamed Ayyad

7 reasons led to CBE’s EGP devaluation against dollar in 2 days: Expert

Limiting imports and attracting foreign investments are main reasons for making this…

Hossam Mounir

NBK reports net profits of $541m for 1H of 2015

The National Bank of Kuwait (NBK) reported net profits of $541m (KD…

Daily News Egypt

Cabinet cancels decision to ban cotton imports

Greece had threatened to ban Egyptian exports if cotton imports are banned

Shaimaa Al-Aees

Moody’s stable outlook for banks followed positive performance: Banking expert

Ratings agency Moody’s upgrades banking sector outlook from negative to stable

Doaa Farid