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

NBE postpones issuance of international bonds

Bank repays bonds, amounting to $600m, which it offered in August 2010

Hossam Mounir

East Cairo real estate prices expected to continue increasing in 2015: Report

As government announces new projects, including new capital, Al-Mostakbal City, Palm Hills,…

Abdel Razek Al-Shuwekhi

Falling Greek stocks weigh on Europen markets

Greece's main stock index seemed to have stabilized by the time the…

Deutsche Welle

Kenya Airways ‘may require $500 million bailout’

Kenya Airways, the East African nation's national carrier, ran into severe head…

Deutsche Welle

Emaar Misr net profit increases 283% in 1H of 2015

1H revenues records EGP 1.56bn

Doaa Farid

MasterCard, Visa authorise E-Finance to issue, print e-cards for banks and financial institutions

E- Finance's card issuance centre issues more than 4.5m smart cards monthly,…

Shaimaa Al-Aees

BMW earnings hit by weak Chinese market

German luxury carmaker BMW has seen its profit drop in the second…

Deutsche Welle

Greek banking stocks plunge again

Greece's banking stocks have plunged for the second day in a row,…

Deutsche Welle

Toyota’s quarterly profits jump

Japanese carmaker Toyota has logged a marked rise in first-quarter profits despite…

Deutsche Welle

UK begins selling shares in RBS

The British government has begun selling its shares in the bailed-out Royal…

Deutsche Welle