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

NBE and PBDAC sign cooperation protocol to serve clients of both banks

This protocol will enable the NBE to install ATM machines at PBDAC…

Daily News Egypt

Are Egypt’s economic reforms enough to solve the informal economy problem?

Egypt’s informal economy has grown as a result of dysfunctions in the…

Mohamed Samir

Osborne plans could trigger EU tax war

British plans to considerably lower corporate tax have drawn first reactions from…

Deutsche Welle

Intel cooperates with TIEC to sponsor ‘Internet of Things’ projects

The company plans to train around 500 young people for seven to…

Daily News Egypt

Al-Wafd urges the importance of a Supreme Council for Investment

The investment climate requires regulation by a higher entity to oversee the…

Daily News Egypt

Coca-Cola to invest $500m in Egyptian market

Coca-Cola plans to implement investments worth $500m in the Egyptian market over…

Mohamed Ayyad

German arms exports keep rising in 2016

The German government has approved over 4 billion euros worth of arms…

Deutsche Welle

FDI reach $5.8bn as of end of Q3

The FDI registered during Q3 (January – March 2016) reached $2.8bn, compared…

Mostafa Fahmy

Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE

The global drop in oil prices has led to a decline in…

Hossam Mounir

GlaxoSmithKline pumps EGP 400m into Egypt until 2017: Minister of Investment

Opening of new medicine production line by mid-September with estimated cost of…

Mohamed Ayyad