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

Legislative reform necessary to improve business environment: former EGX head

Amending laws of investment, capital market, and land allocation is necessary 

Hussein Abd Rabo

EGP 1.3bn in real estate tax revenues in previous fiscal year: Deputy Finance Minister

Egypt has passed an important stage in the tax reforms as parliament…

Abdel Razek Al-Shuwekhi

NBE arranges 2 loans worth EGP 20bn for power projects, infrastructure

Loans portfolio expected to increase in size during current FY, bank vice…

Hossam Mounir

Government to present comprehensive health insurance law to parliament in October

Health Insurance Authority to be provided with an extra EGP 5bn, including…

Abdel Razek Al-Shuwekhi

IMF agreement to pave way for economic reform: CI Capital deputy CEO

Another devaluation of the Egyptian pound will be necessary to reflect its…

Mohamed Samir

The currency’s devaluation is imminent: CEO of NI Capital

Most of economic experts agreed that the exchange rate will be EGP…

Adel M. Fakhry

AFDB to approve the second tranche of loan to support budget before end of 2016

AFDB funds Egypt with $800m annually, including the second and third tranches of…

Shaimaa Al-Aees

Tax dispute law excludes evasion cases: deputy finance minister

Sub-committees will have the power to end disputes, while the ministry will…

Ahmed Farahat