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

Egypt seeks to be listed among the top 30 countries in economic, social development: Trade and Industry Minister

The government targets reaching 6% growth in GDP next year, increasing investments…

Shaimaa Al-Aees

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…

Hossam Mounir

World’s oldest bank unveils rescue plan details

Troubled Italian lender Monte Paschi has said it would cut thousands of…

Deutsche Welle

Automotive market loses 25.6% of its sales in first 8 months of 2016

Passenger car sales declined by 25.6%, bus sales by 31.8%, truck sales…

Ahmed Amer

Brexit to eat into German GDP: study

Britain's vote to leave the European Union will have a negative impact…

Deutsche Welle

Car market has no spare parts

70% deficiency in the market; spare parts for Korean, Chinese, Japanese, European…

Ahmed Amer

Motorcycle division seeks audience with presidency after import ban on two-stroke engines

There was a 15% increase in prices following the decision, says Abdel…

Ahmed Amer