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

EgyptERA to start implementing sector restructuring plan next December

Programme involves redistributing workers to companies, increasing private sector participation

Mohamed Farag

Khalda Petroleum Company completes drilling 43 wells

Company’s average production reached 162,000 barrels of oil per day, says Mowafi

Mohamed Adel

Egypt scraps customs dollar; price to depend on CBE exchange rate

Government sources told Daily News Egypt that the decision was taken by…

Daily News Egypt

Egypt’s growth will outperform B-rated peers, debt affordability remains weak: Moody’s

Increase in fertility rates, securing water resources represent long-term economic challenges

Mohamed Samir

EBI studies opening special training unit in cooperation with African countries

“We aspire to be an educational ‘beacon’ for all employees in the…

Hossam Mounir

Beltone holds 38.8% of asset management market, Hermes manages largest number of funds

Arab African International Securities targets EGP 7bn in managed assets by year-end

Daily News Egypt

Investment funds attract EGP 6.3bn in assets end-June

Collective growth of assets classes, excluding capital protection and guarantee, while money…

Farouk Halbawi

Egypt needs more private capital – and that’s everyone’s responsibility

As developed market interest rates stall or fall and the inflation-adjusted returns…

Richard Banks

Finance Ministry plans to float EGP 160.75bn worth debt instruments during September

Ministry is issuing 16 offerings of EGP 151bn worth T-Bills and 8…

Hossam Mounir