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

23.1% increase in value of financial investments for banks: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Thursday…

Hossam Mounir

CBE expects UAE deposit before end of May

The CBE's governor says Egypt has not received any deposits from abroad…

Hossam Mounir

Cleopatra Hospital begins procedures to offer part of its shares on EGX

The 40m shares are 25% of the company's total capital listed on…

Hossam Mounir

US orders Takata to expand airbag recall

US auto safety regulators have ordered Japanese manufacturer Takata to recall millions…

Deutsche Welle

Safir Hotels Group to acquire four hotels: Safir Cairo manager

In the first quarter of 2016, occupancy rates in Greater Cairo rose…

Egypt’s technical education is still wounded

The lack of professional training is the main problem challenging technical education,…

Fatma Ahmed

King Salman’s bridge creates expectations of increased Gulf investments in tourism sector

Total investments in Egypt are estimated at EGP 68bn, but Arab investments…

Tahya Misr launches first education investment fund with EGP 100m

A committee to examine schools’ potential locations and designs across Egyptian governorates…

Shaimaa Al-Aees

Egypt’s foreign exchange reserves gain $450m in April: CBE

It explained in a statement on its website that the reserves increased…

Hossam Mounir

Most of Greek bailout money went to banks: study

Only 5 percent of international bailout money for Greece was used to…

Deutsche Welle