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

EGX30 expected to move sideways to 8,000-8,500 points: analysts

Technical analysts predicted that the benchmark index EGX30 at the Egyptian Exchange…

Mohamed Ahmed

334 ships transit Suez Canal last week carrying 17.4m tonnes

Suez Canal traffic data showed that 334 ships transited the canal from…

Mohamed Ahmed

US dollar shortage negatively affects banks financing import operations, lending to projects with a foreign component

The US dollar shortage has negatively affected banks' activities that are related…

Hossam Mounir

2020 Tokyo Olympics faces vast cost overruns

A new estimate commissioned by the freshly elected first-ever woman governor of…

Deutsche Welle

Ministry of Electricity signs purchase agreement with solar companies

The minister has granted investors 10 days to complete the financial closing…

Mohamed Farag

Giza Chamber of Commerce rejects cabinet decision to form profit margin committee

For Egypt’s economy, which is a free market economy, forcing compulsory quotations…

Mohamed Samir

ECB council meeting leaves rates untouched

The governing council of the European Central Bank has decided to leave…

Deutsche Welle

Juhayna reports 34% decline in Q3 net profits, despite increased sales

Higher costs due to the dollar shortage is the reason behind the…

Mohamed Samir

Heathrow profits up ahead of runway decision

London's Heathrow Airport has reported an increase in earnings for the first…

Deutsche Welle

HOTAC to establish ceremony hall at Helnan Palestine Hotel: chairperson

Ground floor will have 1,000-person capacity, to be built in same architectural…

Basma Ragab