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

Loans to industrial sector on a rising trajectory

By Nasser Youssef The Central Bank reported an increase of EGP 1.6…

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EGX trading volumes decrease due to delay of cabinet formation

Corrective movement among the indices of the Egyptian Exchange happened last week…

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Foreign reserves on the threshold of stabilisation

Nasser Youssef Mokhtar Youssef, member of the Board of Directors with the…

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Governmental efforts to aid struggling factories

By Mohamed Ayyad The government intensified efforts to address the crisis that…

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Morsy tasks EBDA’s president to chair the new council for business development

President Morsy has tasked the head of the Egyptian Business Development Association…

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EGP 1bn from the Social Fund to finance petrochemical projects

The Industrial Development Authority (IDA) is conducting negotiations with the Social Fund…

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€50m French loan to expand electricity grid

  By Islam Zayed The French Ambassador to Egypt, Nicolas Galey, and…

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Singapore PM urges India to push reforms

New Delhi (AFP) — Singapore’s prime minister on Wednesday urged India to…

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Tourism sector temporarily relieved of taxation burdens

Taxation measures are to be lifted off struggling tourism companies as they…

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Mounting labour strikes threaten investments

officials and syndicate leaders have called upon workers to negotiate with their…

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