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

Ministry of Foreign Affairs seeks to establish a commercial office in Tanzania

By Salah Al-Monufi Mohamed Eysa, minister of trade and industry, is considering…

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Moderate decrease in the number of foreign employees in Egypt

By Mahmoud Ewis The Central Agency for Public Mobilization and Statistics published…

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Eurozone ministers under pressure to deliver

A June 28-29 EU summit was hailed as a breakthrough, promising fresh…

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Petroleum Minister assures sector’s bright future

Between energy issues and the dilemma of subsidies, the petroleum sector is…

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Iran uses tricks to find oil buyers

In an effort to hobble the Iranian government, the EU joined the…

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National Bank of Egypt leads in transaction banking

By Ayat El-Battawy Transaction banking is the backbone of the banking industry.…

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World Bank to subsidie Egyptian pharmaceutical exports

The International Bank for Reconstruction and Development (IBRD) agreed to subsidise Egyptian…

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Tourism sees slight reovery during the first half of 2012

Minister of Tourism, Mounir Abdel Nour, revealed that 5.4 million tourists arrived…

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Government approves new centre for the development of SMEs

Ganzouri’s cabinet has approved the transformation of the Industrial Modernization Center (IMC)…

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IMF warns US against cutting deficit too fast

(AFP) — The International Monetary Fund warned Tuesday that the Obama administration…

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