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

Budget deficit records 2% in Q1 FY 2017/2018 

The total deficit of the Egyptian public budget during the first quarter…

Ahmed Ismail

NBE funds external operations worth $18.5bn in 13 months: bank’s vice president

Bank foreign exchange earnings $17bn from 3 November 2016 to 5 December…

Hossam Mounir

Iron in grip of local factories

Industry Ministry imposes anti-dumping duties on imports from 3 countries for 5…

Selim Hassan

CBE pays $600m to Afreximbank

Governor of the Central Bank of Egypt (CBE) Tarek Amer said that…

Daily News Egypt

171 Korean projects in Egypt

The total number of Korean projects in Egypt is 171, with a…

Daily News Egypt

IMF calls on Egyptian government to reconsider application of capital gains

The International Monetary Fund (IMF) mission called on the Ministry of Finance…

Ahmed Ismail

Eurozone reform: move along, nothing to see here

The European Commission's package of eurozone reforms was billed as the EU's…

Deutsche Welle

Google spat with Amazon heats up

In the online corporate jungle, the beasts don't come much bigger than…

Deutsche Welle

New EU-Mexico trade deal edges closer

The EU and Mexico have had a free trade agreement for 17…

Deutsche Welle