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

Parliament to vote on budget after hearing government’s response to MPs

Voting session will pass the draft if it gets more than 350…

Vodafone-Egypt appoints Stefano Gastaut as CEO

Vodafone Egypt reshuffled its leadership and appointed Stefano Gastaut as the company’s…

Mohamed Alaa El-Din

US stocks slide as Brexit fallout worsens

US bank shares have led a steep decline on Wall Street as…

Deutsche Welle

Ministry of Petroleum negotiates supply of 12 LNG shipments with foreign companies

Two additional shipments will be imported monthly during H2 of 2016, says…

Mohamed Adel

Cabinet studies Ministry of Electricity’s suggestion to lift subsidies

The ministry will announce its final position within two weeks, say sources

Mohamed Farag

51.8% increase in number of foreign employees in governmental, public sector in 2015: CAPMAS

General Petroleum Corporation, ERTU attract highest number of foreign employees

Hossam Mounir

Easyjet warns Brexit will hurt its business

Budget airline Easyjet has said Britain's planned exit from the European Union…

Deutsche Welle

CBE governor claims report on IMF loan was incorrect

Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…

Hossam Mounir

Britain will direct more investment to Egypt after Brexit: EBCC

Britain voted in favour of leaving the EU in a referendum last…

Ahmed Adly

New tool to fight IS propaganda online

A nonprofit group in the US says it has created a technology…

Deutsche Welle