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

AAEC launches project to link North Africa to China’s Belt and Road

Plan aims to attract investments of $2-4tn to Egypt, North Africa, Al…

Hossam Mounir

Pharos Holding appoints Noha El-Ghazaly as its new managing director, head of investment banking

Pharos Holding for Financial Investments announced Saturday the appointment of Noha El-Ghazaly…

Daily News Egypt

Egypt sets highest growth rate in 8 years at 5.2% in H1 FY 2017/2018: Al-Saeed

8% growth targeted by 2021/2022, says minister of planning

Nehal Samir

Credit Suisse, HSBC reportedly arranging $700m loan for EEHC

HSBC and Credit Suisse are reportedly arranging a syndicated loan of up…

Mohamed Samir

Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017

The total volume of commodity trade between Egypt and Saudi Arabia during…

Shaimaa Al-Aees

US job market: even solid figures can be disappointing

It's hard to please everyone. Although the US unemployment rate has dropped…

Deutsche Welle

FX reserves climbed to $44.029bn end-April 2018: CBE

Foreign exchange reserves at the Central Bank of Egypt continued to rise…

Hossam Mounir

EU: ‘Protectionism the biggest threat to growth’

The EU executive has issued yet another stark warning that a sudden…

Deutsche Welle

Volkswagen CEO Herbert Diess urges more honest corporate culture

The newly appointed chief executive officer of German carmaker Volkswagen has said…

Deutsche Welle

NMEC offers magnificent display of Egyptian civilisation antiquities throughout eras

It gathers 50,000 archaeological artefacts, paintings, jewellery

Hagar Omran