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

Mubasher launches online IPO platform in Egypt

The new application also enables users to stay up-to-date with new EGX…

Alyaa Stohy

Policy rates to remain frozen during COVID-19 pandemic: Naeem Research

The continued freeze follows on from the MPC’s slashing of policy rates…

Alyaa Stohy

30.3% decrease in January trade balance

Exports increased by 1.4 % to reach $2.48bn in January 2020, compared…

Daily News Egypt

FEB donates EGP 700m to seasonal workers

The donations have been collected by banks, El-Etreby said in television statements…

Daily News Egypt

Arab tourism losses $25bn in 1Q 2020: regional report

Aviation, tourism investments lose $8bn, $12.96bn respectively in Q1 2020

Nehal Samir

MPs urge postponing utility bill payment due to coronavirus

However, the Ministry of Electricity has rejected requests to postpone the payment…

Daily News Egypt

Saudi Arabia asks Muslims to wait upon Hajj due to Covid-19

Kingdom reports 110 new coronavirus cases on Tuesday, bringing total to 1,563

Daily News Egypt

Financial Brokerage Group keeps top spot in March with 19.7% market share

20.11% decrease in total market capitalisation to EGP 532.9bn in March

Alyaa Stohy

Mortgage finance increases 46.6% yoy in January: FRA

The FRA said that the value of mortgage refinancing decreased to EGP…

Shaimaa Al-Aees

CBE to discuss fate of interest rates in MPC’s Thursday meeting

The CBE said this step comes in light of global developments and…

Hossam Mounir