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

IMF approves new liquidity line to enhance global financial safety net

Short term liquidity facility aims to reduce impact of COVID-19

Hagar Omran

Disruptech fintech fund makes first Egyptian investment with Khazna

Cairo based Khazna specialises in  banking and financial solutions through mobile applications

Daily News Egypt

Egypt needs more post-pandemic healthcare, education, infrastructure investments: UN

Pandemic is altering global expenditure priorities, says Mahmoud Mohieldin

Hagar Omran

Hyde Park supplies 3 hospitals with 2,000 COVID-19 detection kits

HPD provided the test kits to enhance the hospitals’ capabilities and provide…

Shaimaa Al-Aees

Novartis Egypt, Health Ministry collaborate in COVID-19 fight

Company commits to providing 130 million doses of hydroxychloroquine drug for treatment protocol

Daily News Egypt

UN launches socio-economic coronavirus response plan in Egypt 

We must immediately reach out to the most vulnerable people, said Dictus

Hagar Omran

Uber, AXA to provide Egypt’s COVID-19 frontline workers with free trips, meals

The commitment comes after close collaboration with the Egyptian Ministry of Health…

Daily News Egypt

Ezz Steel founder increases his majority stake by 27%

Ezz Steel completed a EGP 836m transaction after selling 27% stake in…

Alyaa Stohy

No new COVID-19 cases in Lebanon, Turkey’s caseload surpasses Iran

The number of confirmed infections stands at 677, with 21 deaths. The…

Daily News Egypt

IFAD launches new fund against rural food crisis due to COVID-19

IFAD aims to raise at least another $200m from its member states,…

Nehal Samir