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

Fitch confirms Egypt’s “B” rating, outlook is stable

Budget deficit expected to decrease to 11.6% of GDP in FY15, in…

Menna Samir

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE

EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…

Daily News Egypt

Banque Misr’s Islamic banking branches increase to 35

The bank supplied this branch with all modern equipment to guarantee an…

Daily News Egypt

EGP 3.9bn increase in food commodities in new budget

Actual food commodity spending in current fiscal year exceeds announced figure in…

Doaa Farid

Update: Egyptian cabinet approves budget draft for FY 2015/2016

Government targets 9.9% budget deficit, 23% increase in revenues and a 5%…

Sara Aggour

Egyptian cabinet approves budget draft for FY 2015/2016

Government targets 9.9% budget deficit and expect a 23% increase in revenues

Sara Aggour

Municipal councils’ licences behind widespread use of donkey meat in restaurants: Al-Kerdany

Unreasonable that global restaurant chains in Egypt are under the supervision of…

Abdel Razek Al-Shuwekhi

Amer Group, international tourism companies coordinate to promote investment

Porto Matruh project built on 338,985 sqm, of which buildings ratio amounts…

Abdel Razek Al-Shuwekhi

Shops, hotels, companies increase demand on Egyptian ‘fanoos’ against imported

Orders for Ramadan lanterns made of sheet iron increased by 50%, compared…

Abdel Razek Al-Shuwekhi

Nuts with the taste of revolution

Hazelnut prices increased three or four times to reach EGP 170 ($22.2)…

Shaimaa Al-Aees