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

Flotation drives deposits at banks to EGP 490bn, loans to EGP 313.3bn in November 2016

137.2% growth in foreign currencies deposits in flotation month, drops to 18.3%…

Hossam Mounir

ACT to launch “ACT Holding” with EGP 200m capital

The new company will include nine affiliates to expand regionally, Mansy says

Daily News Egypt

MOU signed between Egypt and Poland to boost economic cooperation

Plans to establish an Egyptian-Polish Chamber of Commerce to promote bilateral trade

Mohamed Samir

New investment map for Egypt to launch in two months: minister

Efforts are made to solve investment disputes, especially those related to real…

Daily News Egypt

Uncertainty clouds German firms’ US outlook

Amid growing protectionist rhetoric and fears of increasing barriers to trade across…

Deutsche Welle

Former VW patriarch Piëch in talks to sell his shares

Former Volkswagen Chairman Ferdinand Piëch is in talks to sell his shares…

Deutsche Welle

Germany to take legal action if Trump taxes imports

German Economy Minister Brigitte Zypries has said Berlin would take Washington to…

Deutsche Welle

German steelworkers strike benchmark pay deal

Metalworkers union IG Metall and western German steel industry employers have reached…

Deutsche Welle

The ending of a beautiful friendship?

Trump does not only want to build real walls, he also wants…

Deutsche Welle