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

Banks to start intensive meetings Sunday to discuss implications of interest rate cuts

Government welcomes decision, investment banks forecast further cuts by end-2019, depositors are…

Hossam Mounir

HDB achieves EGP 1.072bn net profits June-end

Deposits up EGP 3.1bn, loans grow by EGP 1.24bn, capital adequacy ratio…

Daily News Egypt

Fitch Learning holds 1st graduation ceremony of Credit Academy

The launch of the international Credit Academy and certification were offered locally…

Daily News Egypt

8.8% hike in Egypt’s exports to G7 in 1H19, recording $3.8bn: CAPMAS

G7 net investments in Egypt up 5.7% in H1 of FY 2018/19

Daily News Egypt

10 companies willing to bid for building rooftop solar panels in New Capital

The sources added that the Administrative Capital for Urban Development (ACUD) issued…

Daily News Egypt

CBE interest rates cut to positively impact businesses, EGX, banks to readjust

Experts forecasts further cut before end-2019, debt instruments remain attractive

Hossam Mounir

Egypt great economic reform story in eyes of market: Morgan Stanley

We’re optimistic for Egypt, which now focuses on measures to increase private…

Daily News Egypt

Hyde Park hosts Cirque du Soleil for  first time in Egypt

Described as a ‘breathtaking, colourful homage to Cirque du Soleil’s legacy’, “BAZZAR”…

Daily News Egypt

IMF warns that currency devaluations will not fix a country’s economic problems

Monetary easing can help stimulate domestic demand, which in turn benefits other…

Gustavo Adler