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

Baskindale offers to buy 100% of Orascom Telecom Holding

Baskindale is a wholly-owned subsidiary of Altimo, economic expert believes deal poses…

Daily News Egypt Daily News Egypt

IMF cuts world growth forecast

"We are in a better place but... we're not out of the…

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Role of World Food Programme in Egypt

Gian Pietro Bordignon, the director of WFP in Egypt, spoke to Daily…

Mohamed Salah Mohamed Salah

CAPMAS: Number of tourists visiting Egypt increases by 12%

The report said that the Tourism Ministry has unofficially stated an increase…

Daily News Egypt Daily News Egypt

Egypt and IMF end talks without agreement

Finance Minister Al-Morsi Hegazy will travel to Washington to resume negations over…

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CAPMAS: Unemployment rate jumps to 12.7% in 2012

Rate has increased by 3.7 percentage points since 2010

Mohamed Salah Mohamed Salah

Budget deficit reaches EGP 197.5bn

Current deficit now amounts to 9.5% of GDP

Daily News Egypt Daily News Egypt

IMF delegation meets with Al-Wafd Party

Party suggests delaying economic reform programme for one year, tells IMF they…

Hend El-Behary Hend El-Behary

Egypt relies on domestic wheat harvest for coming six weeks

Head of Farmers Syndicate calls decision to cut wheat imports ‘crazy’

Daily News Egypt Daily News Egypt

CAPMAS: cotton exports down by 40.6% in Sept-Nov 2012

Attributes decline to rise in global cotton prices

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