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

Tourism Federation launches investment fund worth $ 1bn

Company managing the fund receives Kuwaiti offers to contribute to its capital

Daily News Egypt

Discount and added tax for excess liquidity canceled: Minister of Finance

Government scraps "added" tax to provide excess liquidity to traders and to…

Daily News Egypt

Internet services temporarily down nationwide

Fire causes temporary slowing in data-speed and drop in stock market trading

Doaa Farid

Property law approved, expected to raise EGP 3bn: Government officials

Tax rate applied will be 10% of the units’ rental value

Sara Aggour

Mansour’s presidential decrees, and their mark on Egypt’s economic landscape

Mansour issued a decree amending the Investment Law, prohibiting third parties from…

Doaa Farid

Domestic public debt rises to 83.3% of GDP in first quarter of 2014: CBE

Central bank reports estimates net external debt rose by 5.8%, as a…

Daily News Egypt

Egypt business activity shrinks in May: PMI

Reuters - Business activity in Egypt shrank for the third month in a…

Daily News Egypt

EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president

The total amount of investments that are hoped to be collected from…

Daily News Egypt

EGP 45.5bn growth in deposits during 1Q 2014: CBE

Total government deposits at the end of March were EGP 169.412bn, decreasing…

Daily News Egypt

Domestic liquidity increases to EGP 1.44tn: CBE

Increase of net domestic and foreign assets in banking system contribute to…

Daily News Egypt