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

DNE news brief: 6 November 2016

https://youtu.be/6hRUn2rWVj8

Daily News Egypt

Bright future for economy, critical for stock market, high interest rate is temporary: Prime Investment

Prime Investment bank said that floating the national currency is a great…

Hisham Salah

CAPMAS issues official increases in transportation fares inside, outside the capital

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued a statement…

Shaimaa Al-Aees

US dollar price increases in mid-Sunday trading to EGP 16.5

The price of the US dollar increased in the five major banks…

Daily News Egypt

Passing incremental income tax law hinders investments: MPs

Egypt is suffering from a lack of tax discipline, increasing rates creates…

Abdel Razek Al-Shuwekhi

UPDATE: Interest rate on New Suez Canal investment certificates increases to 15.5%

This move is necessary, but investing in projects to increase exports is…

Hisham Salah

Minimal trading among banks on first day of inter bank mechanism

The trading of US dollar among banks on the first day of…

Mohamed Ayyad

EGX jumps by 6.1% during Sunday’s trading

The Egyptian Exchange (EGX) recorded the highest daily rise in trading in…

Mohamed Ayyad

Banque Misr, CIB amend spending limits on cards abroad

Banque Misr and the Commercial International Bank (CIB) decided to amend the…

Hossam Mounir

Fuel subsidy cost to increase to EGP 64bn following pound’s flotation: Petroleum Minister

The cost of the petroleum product subsidies will increase to EGP 64bn…

Mohamed Ayyad