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

Forex auctions carry on

Despite the optimism, the current political insecurity and the unsettled International Monetary…

Daily News Egypt

New Central Bank Regulation to hit local money markets

CBE tightens limits on tier 1 capital in money markets; Beltone to…

Daily News Egypt

Government hopes to acquire EGP 3bn in direct foreign investment

Settles dispute with United Arab Emirates real estate developer DAMAC and levies…

Daily News Egypt

Egypt reaps EGP 13.5bn in custom duties

A report reveals that from July 2012 to mid-May this year Egypt…

Daily News Egypt

Cairo government launches bid to ease road traffic via water transport

International auction to sell 15 marina boats will be held in coming…

Daily News Egypt

Finance Minister: New reform plan for petroleum sector

Aim to provide electricity subsidies and ensure the safe transport of gas…

Daily News Egypt

IMF: Inflation in Egypt expected to rise by 10.9% this year

The International Monetary Fund also projects the country’s budget deficit to shrink…

Nada Badawi

Back to blackouts

Blackouts return to Cairo with overloaded summer electric consumption; Ministries collaborate on…

Hend El-Behary

Court postpones Omar Effendi case to 16 June

Iconic department store’s sale to Saudi businessman had been invalidated because of…

Nada Badawi

Disapproval over increased taxes on bank loan loss provisions

Banking figures dissatisfied with Shura Council’s decision to raise taxes on loan…

Nada Badawi