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

Trump’s Muslim travel ban plunges airlines into chaos

Global airlines have been caught largely off guard by new US rules…

Deutsche Welle

VW dethrones Toyota as world’s best-selling carmaker

German carmaker Volkswagen (VW) has nudged Toyota from the top spot in…

Deutsche Welle

2016 a “positive year” for real estate sector: Samcrete managing director

Recovery of NBE and Suez Canal certificates to renew purchasing power in…

Daily News Egypt

92% of offers on US dollar-denominated bonds came from investment funds or banks: Kojak

High demand on US dollar-denominated bonds caused rise in issuance value, says…

Hisham Salah

Xpress Money witnessed double-digit growth in 2016 as remittance corridors from the GCC stayed strong

Xpress Money for money transfer services witnessed a 12% growth in its…

Daily News Egypt

Flotation, high lending interest rate, VAT negatively affect real estate investment activity: FEDCOC

Alaa Fekry, member of the Real Estate Investment Division at the Federation…

Hossam Mounir

Internet users increase by 8.8% in October 2016

Mobile, ADSL subscribers increase significantly 

Mohamed Alaa El-Din

Ministry of Electricity presents new and renewable energy projects situation to cabinet

Companies call for amending feed-in tariff, reducing land use by 1%, abolishing…

Mohamed Farag

Beltone Financial holds Cairo Investment Conference to attract foreign investment to Egypt

Egyptian government, 50 international investment funds with over $4tn in AUM set…

Mohamed Ayyad

Programme to challenge tax evasion on a global level under establishment: deputy minister of finance

The programme includes measures to combat base erosion and profit shifting, based…

Reem Hosam El-din