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

Egyptian central bank to ease policy before year end:  Capital Economics

Central Bank of Egypt ends its tightening cycle Friday night

Nehal Samir

FEB receives final notes on new banks law on Sunday

Members are approaching consent on the new law: senior banker

Hossam Mounir

Egypt’s B3 rating maintained, outlook remains stable: Moody’s

Any increase in fuel or food prices would reverse the subsidy reforms

Mohamed Samir

Examining UAE’s tourism revolution

The United Arab Emirates (UAE) is in the midst of a dramatic…

Daily News Egypt

Government allocates EGP 200m for restoration of Islamic, Coptic, Egyptian monuments

Each artifact requires specific funds for restoration, average at EGP 10 -…

Daily News Egypt

Antiquities Ministry is excavating at 30 archaeological sites every season

Archaeological excavations extend to all the governorates that contain archaeological sites

Daily News Egypt

Antiquities Ministry expects 10 million visitors in 2017/2018

The average revenue of the ministry from the sale of tickets to…

Daily News Egypt

Constructions in the Grand Egyptian Museum reach 70%

Total cost of the establishment of the Great Egyptian Museum amount to…

Daily News Egypt

Gilead intends producing new drug for virus C relapses: head of strategic planning

The company treated 153,000 hepatitis C patients, a new drug will be…

Daily News Egypt

Virus C treatment drugs register sales worth EGP 58.8m in H1 2017

Revenues down by 68%, 5 companies account for over 90% of sales

Mohamed Mostafa