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

Misr Capital and Fawry launch ‘Fawry Yawmy’ money market fund using fintech for the first time in Egypt and MENA

With a minimum initial investment ticket of EGP 500, Fawry Yawmy relies…

Alyaa Stohy

IHD Developments eyes selling 75% of Vivid Business Tower at New Capital by Q1 2022

Furthermore, he said that there is great confidence by developers and investors…

Daily News Egypt

International tourism grows 4% in 2021 but remains far below pre-pandemic levels: UNWTO

In Middle East, 2021 arrivals decline 24% compared to 2020, 79% over…

Daily News Egypt

Government works on turning Sharm El-Shiekh into green city

Egyptian tourism sector will be environmentally friendly: Khaled El-Enany

Daily News Egypt

Total financial position of banks in Egypt stands at EGP 8.758trn in October 2021

Total bank deposits increase to EGP 6.191trn, credit facilities reach EGP 2.996trn

Hossam Mounir

CBE sponsors 3-year programme to raise efficiency of microfinance associations

Programme will be implemented by EFFMSMP in cooperation with IFC

Daily News Egypt

Garment exports exceed $2bn for first time during 2021

23 new factories joined AECE last year

Daily News Egypt

Selling pressure threatens further decline in EGX to 11,500 points this week

EGX30 closed at 11,731.71 points, recording decline of 2.34% last week

Alyaa Stohy

Nahr Al-Khair Company to debut on EGX next Tuesday

Company targets EGP 130m in sales during 2022: Chairperson Sayed

Alyaa Stohy