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

Petroleum Ministry owes EGP 100bn to Finance Ministry

Petroleum agreements add interest rate on dues of government's partners

Mohamed Adel

Housing ministry requests tightened measures to avoid construction violations

Tightened measures include monitoring construction of local units to encourage citizens to…

Doaa Farid

$300m needed to complete Grand Egyptian Museum: Antiquities Ministry

Costs are above previous figures due to drop in Egyptian pound’s value,…

Daily News Egypt

Mobinil net losses shrink to EGP 35m

The company registered net losses of EGP 177m in the first three…

Menna Samir

Consumer Protection emphasise maintaining mineral water prices 

Demand for mineral water has increased since the spillage of 500 tonnes…

Dahlia Kholaif

$6bn in Gulf deposits temporarily eases Egypt’s economic burdens

Analysts say GCC deposits beef-up foreign reserves and boost local currency

Dahlia Kholaif

Egypt, Indonesia trade exchange increases by 21%

Meanwhile Egypt's imports from Indonesia include chemicals and fertilisers, readymade clothes, weaving…

Menna Samir

VAT law will raise inflation indicators, reduce purchasing power of consumers: Dcode Chairman

Only 20% of consumers are aware that there is an impending increase…

Mohamed Ayyad

CBE reduces commission of credit letters to facilitate imports

Egypt’s imports face decrease, suffer from dollar shortage, says Chief of Importers…

Mohamed Ayyad

Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein

Cars possess 5% of the total bank funding for individuals, says Director…

Daily News Egypt