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

HSBC cut down SMEs service

The bank sent a letter to some of its SMEs business customers…

Sara Aggour

Mona Makram Ebeid: IMF representatives reinforce the need to build a new strong economy within Egypt

IMF officials reinforced the need to encourage the growth of a strong…

Daily News Egypt

Budget transparency essential to economic recovery: report

The research, titled The Illusion Dispelled, was focused on identifying the economic…

Sara Aggour

Costs of future government borrowing bogged down by uncertainty

Return rates on government debt tools have been steadily increasing since former…

Daily News Egypt

Following Morsi’s ouster, Qatar’s support to Egypt in question

Sherif Sami, a member of the General Authority of Investments, stated that…

Nada Badawi

Gulf aids bolsters value of local currency

The index of the US dollar internationally declined 1.5%.

Hend El-Behary

Kuwait delivers free fuel to Egypt: report

Two tankers, one carrying around 100,000 tonnes of diesel and the other…

Daily News Egypt

Analysts debate conversion of gulf lifelines to bonds

Meanwhile, former finance minister Momtaz El Saeed said that a conversion is…

Nada Badawi

Fitch Group’s new credit downgrade of Egypt does not take into account recent aid received from the Gulf

The analysts stated that the recent downgrade would not have a large…

Daily News Egypt

Conflicting Reports regarding Egypt’s wheat supply

Former members of Morsi’s government claim the country will need to import…

Sara Aggour