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

Crédit Agricole collects $150m from clients since pound flotation

The bank does not intend to reconsider its interest rates on investment…

Mohamed Ayyad

NBE saving certificates with 16%, 20% interest collect EGP 92bn

NBE offered $600m for imports since the flotation of the pound, says…

Hossam Mounir

Ministry of Finance discusses stabilising dollar rate at customs

Companies that rely on imported materials have been struggling under increased production…

Ahmed Farahat

Uber to agree with private bank to finance purchase of new, used cars for drivers

We plan to open a regional support centre in Cairo, says El-Khoury

Daily News Egypt

French investments in Egypt amount to €3.6bn: ambassador

Recently issued economic measures are a positive step to attract new foreign…

Fahd Omran

Mahlab calls on French companies to invest in Egypt

  Ibrahim Mahlab, the president's assistant for national projects and former acting…

Mostafa Fahmy

Soaring car prices to continue throughout November

Ongoing dollar shortage and high exchange rates driving factors in price hikes

Ahmed Amer

New Sunny tops best-selling Japanese cars

The New Sunny model continues to lead sales of Japanese cars, achieving…

Ahmed Amer

Kia Sportage registers sales of 3,116 units

Kia Sportage, manufactured in Kia’s factories in Slovakia, maintained its top spot in European-origin…

Ahmed Amer

Chery and Geely acquire 97% of Chinese-origin sales

Ghabbour Group has managed to keep control of the Chinese automotive market,…

Ahmed Amer