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

World Bank to present mortgage system plans in Egypt

Bank participates in social housing programme providing $500m towards 1m housing units…

Shaimaa Al-Aees

Annual inflation increases by 11% in April

Food and beverage prices rose by about 1.4% over last April, reaching…

Daily News Egypt

Government should follow through on lowering tax promises: Ernst & Young official

Days before Economic Summit, the government announced it would unify income taxes…

Sara Aggour

Banque Misr approves EGP400m for SMEs

The official further noted that the bank is currently studying funding a…

Daily News Egypt

Faisal Islamic Bank’s volume of business increases  10%

Meanwhile the bank's net profits reached EGP 196.97m in the first quarter…

Daily News Egypt

Emirates Group records second highest profits of $1.5bn

The FY ending 31 March 2015 also marked the achievement of new…

Daily News Egypt

Private sector to take part in Cypriot gas deal: EGAS

Gas consumption regulation device to give licences for import

Mohamed Adel

Banks can appeal property tax assessment: Finance Ministry

Regulations offered to facilitate application of property tax law

Sara Aggour

CBE decreases issuance of weekly FX auctions

The step was taken to increase the supply of the US dollar…

Menna Samir

Brent oil prices reach highest level for 2015

JPMorgan Chase raised its expectations for oil for the years 2015 and…

Mohamed Adel