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

Royal Bank of Scotland fails stress test

The Royal Bank of Scotland is not prepared for another financial crisis,…

Deutsche Welle

CashU to negotiate with CBE for new package of payment solutions next year

40,000 users of CashU in Egypt, 2.3 million across the Arab world

Daily News Egypt

Planning and Budget Committee approves amendments on Article 120 on taxes

The committee discusses modifying tax rates Wednesday, sources say

Abdel Razek Al-Shuwekhi

25 committees start resolving tax disputes in the current week: finance minister

160,000 tax dispute cases will benefit from the privileges of tax dispute…

Daily News Egypt

Transportation Committee calls Al Watania company to provide a clear mechanism for vehicles fees

We received numerous complaints about imposing price based on loads types not…

Abdel Razek Al-Shuwekhi

NSPO subsidiary to complete evaluation of smart meter offers by December

Egyptian Electricity Holding Co. examined offers from nine companies, NSPO will decide on…

Mohamed Farag

Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE

Private sector accounts for 59.4% of the total facilities, deposits increase by…

Hossam Mounir

Egyptian pound continues to decline against US dollar at banks

The currency exchange is governed by supply and demand, says CBE and…

Hossam Mounir

Silicon Waha signs agreements establishing electronics factories in Borg El-Arab, Assiut technology parks

Local manufacturing reduces imports and increases Egypt's US dollar reserves, says Silicon…

Daily News Egypt