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

National council and financial allocations for climate change: Mehleb

The council will settle national plans related to climate change and link…

Mohamed Ayyad

7 reasons led to CBE’s EGP devaluation against dollar in 2 days: Expert

Limiting imports and attracting foreign investments are main reasons for making this…

Hossam Mounir

NBK reports net profits of $541m for 1H of 2015

The National Bank of Kuwait (NBK) reported net profits of $541m (KD…

Daily News Egypt

Cabinet cancels decision to ban cotton imports

Greece had threatened to ban Egyptian exports if cotton imports are banned

Shaimaa Al-Aees

Moody’s stable outlook for banks followed positive performance: Banking expert

Ratings agency Moody’s upgrades banking sector outlook from negative to stable

Doaa Farid

9% decline in mobile phone users in April

In April, the number of mobile phone users went down by 9%…

Daily News Egypt

Cost of ADSL services increases in Q1 of 2015

Internet services cost $10.1 per subscription, while mobile phone services cost $2.8

Daily News Egypt

Raya mulls contracting with Haier for local product distribution

60% increase in distribution network, Raya will open Mega Store Nasr City…

Daily News Egypt

TeamQuest largely provides Telecommunications and Financial Services

MEA region features second-fastest growing IT market worldwide, and is poised to…

Daily News Egypt

CBE stabilises US dollar against Egyptian pound for 4th consecutive time

Dollar price stabilises between EGP 7.78 and EGP 7.83 at banks, and…

Hossam Mounir