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

Banks looking forward to returns on debt instruments following Egyptian pound’s flotation, raising interest by 3%

The average return on initial treasury bills increased by 3.6% and exceeded…

Hossam Mounir

Banks confused over US dollar pricing during first 3 days after flotation

Chaos is normal since this is the first time for Egypt, but…

Hossam Mounir

Pound’s flotation on the table since December 2015 as part of an integrated economic reform programme: CBE governor

Amer reveals preparations behind 3 November decisions, saying they were supported by…

Hossam Mounir

CBE launches hotline for complaints on malpractices in currency trading

The Central Bank of Egypt (CBE) launched a call centre hotline on…

Hossam Mounir

Trump or Clinton – whom does Wall Street favor?

Days before Americans go to the polls to elect a new leader,…

Deutsche Welle

‘No sell-out of German businesses’

There's no reason to fear a sell-out of German technology through Chinese…

Deutsche Welle

China tightens screws on live-streaming firms

China has adopted new rules regulating the country's live-streaming platforms, seeking to…

Deutsche Welle

BMW logs record quarterly profit on strong sales

German premium carmaker BMW has posted a decent increase in third-quarter earnings

Deutsche Welle

Commerzbank loss beats analysts’ expectations

German bailed-out lender Commerzbank has posted a net loss of several million…

Deutsche Welle