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

Government to add, amend investment laws: Salman

Amendments include investor equality, facilitation of market entry and exit in dollars,…

Mohamed Ayyad

Banking deposits grow 20.2% in July: IDSC

Credit granted to agriculture, trade, industry, and services grows 4.8%

Abdel Razek Al-Shuwekhi

Investment ministry in EGP32bn asset-debt swap with National Bank of Egypt, Banque Misr

Meeting to be held soon regarding payment of outstanding EGP 1.6bn owed…

Mohamed Ayyad

Government jeopardising EGPC finances: Petroleum ministry source

Ministry of Finance refusing to provide the liquidity necessary to import liquefied…

Mohamed Adel

Majid Al Futtaim to open new EGP 4.9bn mall

Mall of Egypt is expected to open in 2016

Daily News Egypt

Sawiris assumes CEO role of OTMT

Orascom Telecom Media and Technology Holding (OTMT) announced Wednesday that Ahmed Abou…

Daily News Egypt

Global Telecom sells Burundi and Central Africa shares

Global Telecom planned to sell Telecel to another entity last year, but…

Shaimaa Raafat

Abraj Misr develops EGP 4.5bn project in El-Nozha: Company chairman

Contract signed with French consultant and consultations underway with a foreign contractor…

Mohamed Ayyad

ECESR files appeal against decision forcing taxi drivers to provide bank statements

According to traffic law, taxi owners are not obliged to submit bank…

Doaa Farid

Tourism Syndicate asks 7% annual allowance for workers

General Syndicate for Tourism and Hotels makes request in light of increased…

Abdel Razek Al-Shuwekhi