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

NPA amends conditions, standards of postal service licensing for private companies

The contracts were signed by Financial General Manager of Mail Express Ahmed…

Daily News Egypt

Banks lack clear vision in application of capital conservation buffer ratio

The capital conservation buffer ratio is intended to strengthen a bank's main…

Mohamed Ahmed

IMF ‘praises’ Egypt’s efforts to improve customs: Finance Ministry

The Egyptian government requested an evaluation from the fund

Daily News Egypt

Amer denies plans to devalue Egyptian pound after its price falls in informal market

While the dollar is scarce, trader's speculation has also driven inflation, says…

Hossam Mounir

German companies to visit Egypt to finalise agreement on automotive imports: EEC head

German companies will assess Egypt’s potential to export automotive components, says Abu…

Shaimaa Al-Aees

German companies seek Egyptian partners in renewable energy: GACIC CEO

The German-Arab Chamber of Industry and Commerce is in talks with Engineering…

Shaimaa Al-Aees

Sawiris, Kanoo, IFC sign agreement to acquire shares of AXA Investment Egypt

The parties expect to sign the final contract before 2016's close: Al-Shabrawishi

Fahd Omran

International purchase of treasury bills falls to lowest since 2011: CBE report

The CBE will institute a hedging mechanism with a unified dollar exchange…

Hossam Mounir

US dollar records EGP 11 in informal market Tuesday: traders

The CBE provides the US dollar to banks in the local market…

Mohamed Ayyad