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

MSMEDA injects EGP 2bn to finance 60k projects during 1Q 2022

Significant part of funds go to Upper Egypt, border governorates: Trade Minister

Hossam Mounir

Egypt expected to raise interest rates after US Fed decision

CBE awaits inflation data to determine extent of increase

Hossam Mounir

FRA to work 9 hours a day to better facilitate for stakeholders

Chairperson of the FRA Mohamed Omran said that the decision came in…

Daily News Egypt

Government collects EGP 3.7trn in fees electronically over 34 months: Maait

This is being done by shifting to a non-cash economy and enhancing…

Daily News Egypt

28% rise in demand for cultural tourism, with 18% price hike

At the same time, the season also witnessed an increase in the…

Nehal Samir

Finance Ministry plans to issue 35 T-bill, bond offerings worth EGP 244bn in May

Plan includes 20 T-bill bids worth EGP 213.5bn, 15 bond bids worth…

Hossam Mounir

Egypt denies halting trade on gold amid fears of price hike

Pricing of gold in Egypt is subject to supply and demand mechanism

Daily News Egypt

BNP Paribas expects Egypt to raise interest rates by 200 bps

CBE says monetary policy meeting to be held on 19 May as…

Mohamed Samir

50k Egyptians visit archaeological sites, museums on first day of Eid Al-Fitr

Giza Pyramids area has lion’s share receiving more than 25,000 visitors

Daily News Egypt

Egypt launches new campaign to promote country’s tourist destinations ahead of summer season

The campaign mainly targets Arab markets exporting tourism to Egypt, including Saudi…

Daily News Egypt