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

Unemployment rate records 12.8% in Q1 2015

The rate stood at 13.3% in FY 2013/2014

Doaa Farid

Global banking is HSBC’s priority in Egypt: Blanchet

HSBC launched in April its second International Growth Fund, worth EGP 300m,…

Daily News Egypt

NBE aims for 10% growth in all bank indicators: Okasha

Deposits portfolio at $11bn for foreign currencies by the end of March

Daily News Egypt

CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index

NBE has most customer satisfaction, 255 companies take part in the evaluation,…

Daily News Egypt

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