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

Panic dominates after punishment toughened on currency traders

Employees in exchange companies in the informal market express concern, outrage over…

Mohamed Ayyad

New incentives to maximise tax revenues, comprehensive restructuring of IRS: Finance Ministry

New legislation stipulates that collecting taxes protects the rights of the state,…

Mohamed Ayyad

Trade Minister presents Chinese-Egyptian projects statuses

These projects reflect Egypt’s well-maintained economic and political relationship with China, says…

Adel M. Fakhry

Social housing unit owners protest against interest rate on maintenance deposit

Maintenance deposit is EGP 6,750, reaching EGP 12,000 after interest

Shaimaa Al-Aees

Would drop in reserves delay floating of EGP despite IMF report?

The timing of this move is in the hands of the CBE…

Hossam Mounir

Banks continue to curtail US dollar use overseas

Banks are lowering limits of different types of cards and reducing hard…

Hossam Mounir

Would shutting down exchange companies solve the US dollar crisis?

Opponents to the proposal point to the companies’ role in securing hard…

Hossam Mounir

Economic situation is critical, all Egyptians must work together to overcome this ordeal: Al-Sisi

Delaying economic reforms since 1977 was a huge mistake, says the president

Mohamed Samir

Egypt’s steady adoption of IMF programme would provide upside risk: Merrill Lynch

Forward exchange rate is expected to register 11.20 in Q4 2016, says…

Shaimaa Al-Aees

MSCI index breaks 910 points for first time in 13 months

MSCI index continued to rise through the past week's trading sessions. The…

Daily News Egypt