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

Development works of 47 slums to be completed soon: Housing minister

32 areas will be developed during FY 2015/2016, Madbouly says

Daily News Egypt

CBE lost its power to rapidly intervene in foreign exchange market: Pharos

Banks are employing foreign cash deposits by individuals to finance the needs…

Daily News Egypt

Ministry of Communications issues tender to develop ‘Mashroaak’ call centres

The call centres will allow citizens to access state services through multiple…

Daily News Egypt

QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt

The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…

Hossam Mounir

Banque du Caire launches product to combine advantages of insurance, savings

Clients will also be able to borrow money, and issue credit cards…

Daily News Egypt

NBK-Egypt targets 30% growth in different activities by year-end: Managing Director

Egypt is one of the most prominent markets focused on in the…

Hossam Mounir

International cooperation minister discusses economic cooperation with European Commission

Programmes and projects funded by the European Commission are tackled with Deputy…

Shaimaa Raafat

Food prices’ inflation hinders hotels’ efforts to enhance services: Tourism workers

The first week of October witnessed a peak in operating costs, especially…

Abdel Razek Al-Shuwekhi

Industry Ministry discusses ways to support textile industry

The National Strategy for Textile Industries aims to increase exports to $10bn…

Shaimaa Al-Aees

12% decline in cargo transiting in Suez Canal last week

316 passed through the canal with total cargo of 18.3m tonnes

Daily News Egypt