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

Central Bank of Egypt to offer €600m worth T-bills on Monday

Proceeds of this issuance will be directed to pay for previous bid…

Daily News Egypt

AOI cooperates with Orange Egypt

Aspects of cooperation include the implementation of mechanization and digital transformation for…

Daily News Egypt

Gahez Market’ e-commerce platform debuts in Egypt

Egypt has great opportunity to expand exports to Africa, South America, and…

Daily News Egypt

Cairo-New Delhi trade exchange grows to $1.10bn in Q1 2021, despite COVID-19 impact: Indian Ambassador

Discussions between both countries are ongoing to explore possibilities of launching joint…

Nehal Samir

Abu Dhabi Commercial Bank – Egypt reports net profit rise of 83% in H1 2021

Bank continues expansion plans, emphasises brand, and finalises measures to raise capital:…

Hossam Mounir

EGX targets new resistance level of 11.200 points this week

Market capitalisation reaches EGP 715.7bn last week

Alyaa Stohy

Egypt receives $282m loan tranche as part of AMF Structural Adjustment Facility

Loan aims to help Egypt implement economic, financial reforms, while strengthening its…

Daily News Egypt

Egypt to list Administrative Capital for Urban Development on EGX within 2 years

ACUD’s expected offering to raise market capitalisation by fivefold: CEO of Prime…

Daily News Egypt

Foreign investments in Egypt’s T-bills increase to $22.866bn in June 2021: CBE

Net foreign assets in Egypt’s banking system up by EGP 125.8bn from…

Hossam Mounir