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

Papyrus fund aims to raise $250m for tourism projects

Fund will be presented at March Economic Summit in Sharm El-Sheikh

Sara Aggour

Assets under AAIH’s management reach EGP 3.1bn in 2014

The amount of assets under management of the Arab African International Bank…

Daily News Egypt

28.5% of Egyptian banks provide mobile banking

Banks allow use of applications by clients and non-clients to check accounts,…

Shaimaa Al-Aees

ISACA Cairo Chapter launched to serve IT, information system professionals

Cairo Chapter President outlines plans to exceed 1,000 certified members by 2017

Doaa Farid

Foreign reserves increase $96m in January

Egypt repays $681m to Paris Club in January

Doaa Farid

Following deposits’ ceiling, dollar to remain stable until March summit: Officials

CBE placed ceiling deposit of $10,000 per day and $50,000 per month

Sara Aggour

Tourism ministry refuses tax for historical hotels based on market value: Official

Ministries of Finance and Tourism negotiate estate tax calculation measures for historical…

Abdel Razek Al-Shuwekhi

Egypt targets 20% growth in tourist numbers by end of 2015: Minister of Tourism

Tourism ministry targets 12 million tourists during next year within ministry’s recovery…

Abdel Razek Al-Shuwekhi

E-commerce fraud spreads in Egypt, lack of counter-fraud laws: CPA head

Consumer Protection Agency demands Egyptian Telephone Directory filter its database to cut…

Shaimaa Al-Aees

Surplus in Egypt-Algeria trade balance in Egypt’s favour

The surplus is equivalent to approximately $43m, where in 2013 trade balance…

Menna Samir