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

New Suez Canal timeline

Project grows from dream into the world’s largest waterway

Shaimaa Al-Aees

Egyptian foreign reserves down more than $1.5bn, at $18.5bn

Government has to pay $250m in September as dues of bonds issued…

Doaa Farid

US and China race for the fastest supercomputer

For the past two years, China has had the world's top supercomputer,…

Deutsche Welle

IMF hesitant to add yuan to its reserve currency basket

The International Monetary Fund has said there will be no quick decision…

Deutsche Welle

An unsurprising sell-off in Athens

It happened just as predicted. The Athens Stock Exchange re-opened after being…

Deutsche Welle

Swiss Federal Councilor to attend Suez Canal opening

Economics minister and vice-president of the Federal Council will also be holding…

Menna Samir

NBE postpones issuance of international bonds

Bank repays bonds, amounting to $600m, which it offered in August 2010

Hossam Mounir

East Cairo real estate prices expected to continue increasing in 2015: Report

As government announces new projects, including new capital, Al-Mostakbal City, Palm Hills,…

Abdel Razek Al-Shuwekhi

Falling Greek stocks weigh on Europen markets

Greece's main stock index seemed to have stabilized by the time the…

Deutsche Welle

Kenya Airways ‘may require $500 million bailout’

Kenya Airways, the East African nation's national carrier, ran into severe head…

Deutsche Welle