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

IMF Middle East and Central Asia director welcomes CBE dollar policy

The IMF is alert to the formation of growth and relating it…

Daily News Egypt

$400m World Bank loan to be repaid over 35 years

The grant component of the loan is valued at 69.47%

Menna Samir

QNB Al-Ahli net profits up 30% in March

The QNB group is a leading bank in the Middle East and…

Daily News Egypt

83.7% annual increase in railway revenues during December: CAPMAS

Railway passenger numbers increased by 69.8% to 21.4 million compared to 12.6…

Daily News Egypt

ETF to present obstacles facing sector in April: Elhamy El-Zayat

Tourism Federation finalising agenda to be presented to Minister of Tourism

Abdel Razek Al-Shuwekhi

Slight growth in Arab tourism income in 2014: Tourism Ministry official

2014 tourism income from Arab tourists to Egypt was $1.5bn, with 0.7%…

Abdel Razek Al-Shuwekhi

Russian tourism companies demand charter flight fees decrease: Ministry official

Tourism Ministry studying Russian tourism companies’ demands to increase tourism flow during…

Abdel Razek Al-Shuwekhi

Private airlines’ targeting 100% revenues increase in 2015

If Egyptian private airlines compete with European airlines, they can dominate 5%…

Daily News Egypt

Egypt yet to receive Arab deposits: CBE governor

Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt…

Daily News Egypt

Government finalises organisational structure responsible for ‘1m acres’ project: Cabinet

Agreement prioritises projects developing ‘1m acres’ in West Minya, Toshka, Al-Farafrah, as…

Mohamed Ayyad