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

Egyptian exports to the USA drop 37.6%, imports surge 7.6%

Flow of investment between the two countries also declines 61.7%, CAPMAS

Sara Aggour

IFC, EBRD invest $60m in Mall of Arabia

Investment will be accompanied by additional $20m loan from the CIB

Sara Aggour

1 in 5 Egyptians experience food insecurity: Australian research firm

Gap between agriculture production and estimated population growth increasing, Australian research firm…

Sara Aggour

Egypt, Saudi Arabia, UAE to discuss details of economic conference

Prime minister says conference will take place in either November or the…

Doaa Farid

Egyptian government presents trade, technology projects to India

Government conducts broad international talks to revive confidence in Egyptian economy threatened…

Mohamed Ayyad

Tourism ministry aims to increase Gulf visitors by 20% by end of August: Ministry official

Ministry of Tourism collaborates with EgyptAir and Air Cairo to launch flights…

Abdel Razek Al-Shuwekhi

Ministry of Civil Aviation raises aircraft self-service fees to airport developments: Ministry of Finance

Self-service fees in Egyptian airports rise to $45, $60 and $78, according…

Abdel Razek Al-Shuwekhi

Tax evasion reaches EGP 6bn in one month

Egyptian government has previously announced a 1.6% estimate increase in tax revenues…

Sara Aggour

Mortgage finance down 17.1% year on year in first half of 2014

The effect of the CBE mortgage finance initiative to finance low-income housing…

Doaa Farid

Egypt ceases supplying gas to Jordan indefinitely: EGAS

The official noted that the contracted amounts of gas exports to Jordan…

Mohamed Adel