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

Cairo airport security confiscates $40,000 from Arab artist before leaving Egypt

Cairo International airport authorities confiscated $40,000 from Lebanese singer Wael Jassar on…

Hossam Mounir

Local market holds breath in anticipation of large devaluation of Egyptian pound

CBE may either offer exceptional US dollar tender or direct banks to…

Hossam Mounir

Suez Canal Authority studies collecting fees in yuan after adding it to SDR units

This move would aim to enhance the flexibility of collection

Mohamed Ahmed

Petroleum Ministry’s dues to Shell increase to $1.3bn from Borollos, Rashid gas returns

Shell postponed the implementation of the 9B stage until the ministry commits…

Mohamed Adel

EGS surpasses securities brokerage companies in first 9 months of 2016

Egyptian Group for Securities registered operations worth EGP 23.78bn, supported by deals…

Mohamed Ahmed

President Al-Sisi meets with CBE’s Governor

Amer said during the meeting that the initial agreement reached between Egypt…

Daily News Egypt

320 ships transit Suez Canal, Chinese yuan to be added to SDR fees calculator unit

Suez Canal traffic data showed that 320 ships transited the canal, with…

Daily News Egypt

Prime Minister urges providing enough strategic commodity reserves for 6 months

Keeping prices unchanged is a strategic and national goal, says Ismail

Daily News Egypt

Souq.com launches ‘I am Egypt’ initiative

The initiative follows the launch of the government-sponsored slogan “Proudly Made in…

Daily News Egypt