Latest Business News
Workers in Sharm El-Sheikh have no faith in elections
South Sinai is among governorates of 2nd phase of parliamentary elections that…
In Pictures: Sharm El-Sheikh abandoned
Crowded streets were filled with foreign and Egyptians tourists and investors with…
Ghost Old Market: Salespeople haunted by memories of tourists
“Before the plane incident, we at least had money to buy our…
CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies
Banks are obliged to deposit the amounts the will obtain with the…
Tourism now worse than January 2011: Sharm El-Sheikh taxi driver
Before the Russian plane incident each driver made at least EGP 700…
Official instructions on converting importers’ debts not yet received: Banks
A prominent banker told Daily News Egypt that banks operating in the…
Russians in Sharm El-Sheikh: Between leaving for safety and staying for living
Egyptians head to the city to improve tourism
UK regulators charge traders over Euribor rigging
British authorities have said they will charge 10 bankers with manipulating the…
Lufthansa union threatens new walkouts as strike ends
As a week-long strike by Lufthansa's cabin crew members draws to a…
Core-brand VW sales hit by pollution scandal
German carmaker Volkswagen's core brand has taken a blow from the company's…