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

Struggling Cathay Pacific cuts 600 jobs

Hong Kong airline Cathay Pacific has announced that it's laying off 600…

Deutsche Welle

Is an interest rate change on the horizon?

For nine years, interest rates have fallen and the European Central Bank…

Deutsche Welle

Ford fires CEO Fields over performance

The American carmaker giant has replaced chief executive Mark Fields. It's a…

Deutsche Welle

48.6% increase in tourist arrivals in March: CAPMAS

Nearly 50% increase of nights spent, 30.9% increase in Arab tourists visiting…

Daily News Egypt

Australian mining magnate to donate chunk of his fortune

Andrew Forrest, founder and chairman of iron ore giant Fortescue Metals Group,…

Deutsche Welle

Investment funds lose 3.3% of their assets during first quarter

The second quarter may see a resurgence of fund assets growth

Daily News Egypt

Pound flotation posed challenges for banks’ financial positions in 2016: Business News Index

SAIB, Audi, NBE recorded the lowest ratios of unregulated loans portfolios

Samira Saeed

Banks offering e-services have best retail banking: Business News index

Limited growth in retail banking portfolios of major banks due to the…

Daily News Egypt

CBE raises interest rate 2%, defying all predictions

Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight…

Hossam Mounir