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

Egypt is committed to fiscal consolidation and economic reform plan: Fitch

Egypt’s new budget and lower electricity and fuel subsidies demonstrate a continued…

Elsayed Solyman

German government wants more veto power in company takeovers

Foreign investors, especially from China, are keen on German know-how - even…

Deutsche Welle

Ineffective cybersecurity costs industrial firms $497,000 annually 

Although the majority of industrial organisations believe they are well-prepared for cybersecurity…

Daily News Egypt

Samsung manufactures its most recent QLED TV in Beni Suef

The company plans to manufacture another household gadget over upcoming months

Mohamed Alaa El-Din

Middle Eastern debt issuance reaches $57.4bn in H1 2017 with 53% increase: Reuters

The largest deal to be announced in 2017 is Tronox’s $2.2bn acquisition…

Reem Hosam El-din

Economy to recover in 2018 with expected inflation hikes: Arqaam Capital

The Egyptian pound is expected to appreciate by 10% or more in…

Reem Hosam El-din

Former Mt. Gox CEO on trial in Japan

The former head of the failed Japan-based bitcoin exchange Mt. Gox pleads…

Deutsche Welle

Mobile subscribers reached 100m in March 2017

Internet users rise by 5m, supported by mobile internet services

Mohamed Alaa El-Din

CBE promotes 5 senior officials to deputy governor 

Ramy Abu al-Naga took over monetary markets and reserve management, Essmat Hussein…

Hossam Mounir