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

Turkish lira at record low, threatening growth

The lira touched 2.0839 to the dollar before climbing back to 2.0696,…

Daily News Egypt

Oil hits 28-month high in US on Syria tensions

The New York benchmark, West Texas Intermediate (WTI) for October delivery, shot…

Daily News Egypt

Suez Canal revenues increase to $483m

The report further showed that total deposits for Egypt’s Central Auditing Organization…

Daily News Egypt

Net foreign reserves surge to $18.91bn

Around $34m increase between July and August 2013

Sara Aggour

AFP INFOGRAPHIC: Samsung’s new smartwatch

Samsung's new smartwatch allows users to make calls, receive texts and emails…

Daily News Egypt

Banks demand security

Egyptian Trade Union Federation asks interior ministry for extra security at bank…

Daily News Egypt

NBE to defer EGP5bn in loan payment installments

The National Bank of Egypt (NBE) will defer EGP5bn of debt payment…

Daily News Egypt

Gold retailers slowly resume business

The price of gold increased Tuesday, with 21 carat gold increasing EGP6…

Daily News Egypt

Galal to Beltone Financial: Egypt targeting budget deficit of 9% in 2013-2014

The conference call is the second held by Beltone following last week’s…

Daily News Egypt

Egyptian banks register profits despite economic uncertainties

Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in…

Sara Aggour