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

EFSA postpones its decision in Beltone-CI Capital acquisition deal, pending resolutions on CIB case and Sawiris violation

EFSA is only concerned about the violations that require reconciliation or resorting…

Mohamed Ahmed

50% increase in prices of second-hand cars

Cars in EGP 60,000 to EGP 90,000 price range are in most…

Ahmed Amer

MINI launches its new convertible at EGP 450,000

The MINI Convertible’s engine is equipped with a turbo air charger of…

Daily News Egypt

Government buys 2.742m tonnes of local wheat, expecting supply to increase in coming days: cabinet

The state will examine local wheat to prevent it from mixing with…

Mohamed Ayyad

Beltone complains to EFSA about EGX for cancelling several transactions on its shares

The release stated that the chairperson of the Egyptian Exchange (EGX) had…

Hossam Mounir

Training plays a major role for SMEs in Egypt: Egyptian Banking Institute executive

The institute is training bank employees and project owners, as well as…

Hossam Mounir

EJB to bring in 300 companies for anti-corruption initiative over next 2 years

The association adopted an initiative to combat corruption in 2010, as corruption…

Ahmed Adly

Egypt’s politics, domestic run on EGP are risks: Bank of America Merrill Lynch

CPI inflation is expected to decrease to 10% in FY 2015/2016 instead…

Shaimaa Al-Aees

SMEs acquire 7.5% of Emirates NBD Egypt’s loan portfolio

Guaranteeing loans for micro-enterprises via Credit Guarantee Company will encourage banks to…

Hossam Mounir