Latest Business News
National Bank of Egypt provides $65m to fund the import of gasoline and diesel fuel
The bank’s board of directors recently granted the EGPC $1bn in letters…
Expert’s expectations from the new government
The Daily News Egypt spoke to Egyptian economy experts to gain their…
Foreign reserves shrink in June
Debt payment, fuel shortages, and stockpiling of food before Ramadan contribute to…
Egypt’s stock market rejects claims that it has frozen the assets of Muslim Brotherhood leaders
Tariq Abd al-Bari, chairman of Misr for Central Clearing, Depository and Registry,…
Fuel and electricity crises were politicised: experts
The abrupt end of the fuel crisis and frequent electricity blackouts raises…
Economic researchers express fear over the economic future
Bank of America Merrill Lynch Global Research described the transition in a…
Investor optimism back in force
Retired investors return to stock market on optimism about the country’s economic…
Egyptian businessmen create economic rescue fund
Fund set up to commemorate Morsi’s ouster, help finance country’s ailing economy
Banks lower interest rates 1% on Treasury bills
Central Bank releases bids for new bills worth upwards of EGP 7bn,…