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

Investment funds assets increased by EGP 851m in 2014

Head of the Egyptian Financial Supervisory Authority (EFSA) Sherif Sami said on…

Daily News Egypt

Papyrus fund aims to raise $250m for tourism projects

Fund will be presented at March Economic Summit in Sharm El-Sheikh

Sara Aggour

Assets under AAIH’s management reach EGP 3.1bn in 2014

The amount of assets under management of the Arab African International Bank…

Daily News Egypt

28.5% of Egyptian banks provide mobile banking

Banks allow use of applications by clients and non-clients to check accounts,…

Shaimaa Al-Aees

ISACA Cairo Chapter launched to serve IT, information system professionals

Cairo Chapter President outlines plans to exceed 1,000 certified members by 2017

Doaa Farid

Foreign reserves increase $96m in January

Egypt repays $681m to Paris Club in January

Doaa Farid

Following deposits’ ceiling, dollar to remain stable until March summit: Officials

CBE placed ceiling deposit of $10,000 per day and $50,000 per month

Sara Aggour

Tourism ministry refuses tax for historical hotels based on market value: Official

Ministries of Finance and Tourism negotiate estate tax calculation measures for historical…

Abdel Razek Al-Shuwekhi

Egypt targets 20% growth in tourist numbers by end of 2015: Minister of Tourism

Tourism ministry targets 12 million tourists during next year within ministry’s recovery…

Abdel Razek Al-Shuwekhi

E-commerce fraud spreads in Egypt, lack of counter-fraud laws: CPA head

Consumer Protection Agency demands Egyptian Telephone Directory filter its database to cut…

Shaimaa Al-Aees