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

A new start needed for Italy’s banks?

The Italian finance professor Claudio Zara calls for flexibility in eurozone rules…

Deutsche Welle

Egypt to answer IMF inquiries over the next 14 days

IMF will request the implementation of CGT and reduction of domestic debt

Mohamed Samir

Eni, BP target production of 350m cubic feet of gas from South Baltim field

Six wells will be linked from the new discovery to the national…

Mohamed Adel

Recommendations to form purchasing centres in case EGX remains above 7,793 points this week

The Egyptian Exchange (EGX) is facing a tough challenge this week as…

Mohamed Ahmed

US dollar shortage threatens NCMP EGP 1.2bn expansion plan

The National Company for Maize Products (NCMP) is considering temporarily suspending its…

Mohamed Ahmed

IMF loan best solution for Egypt at the moment: banking leaders

Egypt needs this particular loan in light of the suffering economy, says…

Hossam Mounir

Mercedes announces huge investment in Hungary

German luxury carmaker Mercedes-Benz has said it's planning to invest heavily in…

Deutsche Welle

France EDF to go ahead with China-funded nuclear power station in UK

With existing debts of more than 37 billion euros, the board of…

Deutsche Welle

Interest rates for deposits set at 11.75%, lending at 12.75%: Monetary Policy Committee

The committee’s decision comes in an effort to control the rising rate…

Daily News Egypt