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

Ministry of Finance approves final calculation of 2015/2016 public budget with total deficit of 12.2%

Minister of Finance Amr El-Garhy approved the final calculation of the public budget for…

Daily News Egypt

Number of tourists to Egypt drops by 41% y-o-y: CAPMAS 

The number of tourist arrivals from all countries reached 473,000 during September…

Daily News Egypt

CBE consideres obliging banks to not accept foreign currency from anonymous sources

The move aims to lay siege to the informal market and crack…

Hossam Mounir

Sugar: one more problem for Egyptians

Since the end of September, Egypt has been facing a remarkable shortage…

Hisham Salah

Communication experts demand market be reorganised before providing 4G services

Law No. 10/2013 must be amended to prevent the government’s control over…

Daily News Egypt

TE Data distributors criticise Mega Plus bundles

Speed ​​reduced from 16Mbps to 128Kbps after finishing the basic quota

Daily News Egypt

Egypt has massive potential, despite the current constrains: Oracle vice president

Launching 4G services provides the market with more chances for growth, says…

Mohamed Alaa El-Din

Parliament approves Agriculture Bank Law, moving the bank under CBE’s authority

The Egyptian parliament approved a law that would oversee the transfer of…

Hossam Mounir

DNE News Brief: 1 November 2016

https://youtu.be/EY_jKg5ghM0

Daily News Egypt

Egyptian pound devaluation could cause heavy losses for customers with open currency position  

Importers of medicines and commodities priced upon the US dollar’s official rate…

Hossam Mounir