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 studying expansion into Saudi market in next period

Bank collected $500m from foreign currency saving schemes

Asmaa Nabil

Al-Sisi opens MOPCO $1.96bn expansion

60% of the factory's products will be exported to more than 20…

Mohamed Adel

Barclays Egypt awaits sale of local unit to implement strategic plans

EGP 1bn achieved in SMEs financing portfolio as of March

Ayat Al-Batawi

EGP 12bn increases in size of Egyptian Gulf Bank assets

Bank plans to increase its retail banking portfolio to EGP 1.4bn by…

Waleed Abdel Azeem

Pound to depreciate to EGP 9.5 to US dollar by end of 2016: Standard & Poor’s

The Central Bank of Egypt (CBE) devaluated the pound by 13% in…

Hossam Mounir

NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson

The bank settled EGP 2bn of non-performing debts from July 2015 until…

Hossam Mounir

VW paves the way for big changes ahead

Seeking to move past its Dieselgate scandal and catch up with the…

Deutsche Welle

G7 at odds over how to spur sluggish growth

Differences over fiscal policy and reforms dominate the agenda of a G7…

Deutsche Welle

High emissions levels found in more car models in Germany

Germany’s transport ministry has found 30 car models to have conspicuously high…

Deutsche Welle

A320 is the most secure aircraft model: Airbus

Aircraft manufacturer Airbus said in a statement that its A320 is the…