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

CBE offers $800m in 1-year treasury bills on Monday

Proceeds cover a previous tender, worth $1bn, offered in May 2019

Hossam Mounir

TE establishes mini-shops to stop crowding at central offices 

New outlets will ease pressure on main offices and protect customer health…

GB Auto sees 3.1% decline in March market shares

Company’s March market share declines to 17.2%, passenger car sales rose 16.5%…

Alyaa Stohy

Arabia Holding debuts over 100 units in Galleria project

Company signed protocol with aiBANK to finance clients, negotiates with other banks,…

Shaimaa Al-Aees

Metito’s Al-Arish desalination plant operational by 2021 end

Al-Arish desalination plant is expected to process 100,000 cbm/day of seawater, with…

Shaimaa Al-Aees

Al Ahram Beverages contributes EGP 5.6m to fight against COVID-19

Contribution comes as part of private sector cooperation with Egyptian government in…

Daily News Egypt

Misr Chemical Industries raises disinfectants production 800% to combat COVID-19

Company increases annual production to 120,000 tonnes to deal with high demand

Daily News Egypt

FBG maintains top brokerage ranking in April with EGP 8.4bn trading value

Brokerage company accounted for 17.9% of total market transactions for April

Alyaa Stohy

Hideleco to complete El-Owainat transmission line by 2020 end

Company’s business volume exceeds EGP 500m this year

Mohamed Farag