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

Central bank denies freezing deposits

Bank: “Rumours aim to destroy the confidence in the stability and safety…

Sara Aggour

Crisis of foreign cash transfers on the Bourse

Submission of the request was made according to the Central Bank of…

Daily News Egypt

Saudi Arabia studies report on Egypt’s financial needs

Egypt’s government has suffered from a $3.2bn monthly budget deficit since last…

Daily News Egypt

Red Sea hotel occupancies expected to decrease 80% as Italy and Russia issue travel warnings against Egypt

Hatem Munir, Secretary of the Red Sea Egyptian Hotel Association stated that…

Daily News Egypt

Blue chip stocks fall on the EGX30 throughout August

EGP 1.5bn in net foreign sales since the beginning of the year

Daily News Egypt

Around 5.5m tonnes of wheat to be imported in October

On 30 August, the GASC stated on its official website that its…

Nada Badawi

China oil giant buys into strife-hit Egypt for $3.1 bln

Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil…

Daily News Egypt

Sunny and empty streets

Many countries have decided to halt their fights to El Gouna while…

Adel Heine

New wage law under discussion

The National Council for Wages decided in a meeting to review the…

Daily News Egypt

Beltone Financial discusses political development with presidential advisor Hegazy

Hegazy also affirmed the government’s focus on the economic path and its…

Daily News Egypt