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

0.20% increase in landline phone users in January

41 central communication offices were closed, says Ministry of Communications

Mohamed Alaa El-Din

Afreximbank launches strategy to grow intra-African trade by 50% by 2021

The strategy would allow the expansion of domestic trade value chains, strengthening…

Shaimaa Al-Aees

Capital market sees activity in acquisition of financial consultancy licences

A number of companies seek to acquire existing financial consultancy licences to…

Mohamed Ahmed

Islamic banks face challenges associated with managing liquidity: CBE deputy governor

Negm added that the government reissuing bonds when they are due will…

Hossam Mounir

Banks must comply with new controls for foreign exchange deposits: CBE

CBE said in a statement on Monday that it had monitored some…

Hossam Mounir

Demian’s dismissal revives Investment Ministry’s hopes to return private free zones system

Ministry to forward amendments to the cabinet within days, hopeful for acceptance,…

Mostafa Fahmy

CBE deputy governor calls for banks to increase capital base

The CBE allowed banks three years to adjust to this decision

Hossam Mounir

Hyundai Elantra named best in class at Middle East Car of the Year awards

The Elantra was named ahead of joint-finalist in the small sedan category,…

Daily News Egypt

Siemens allocates €500m for training, development programmes worldwide

Siemens is ready to educate employees who will later be involved in…

Shaimaa Al-Aees