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

Expected interest rate cuts to positively reflect on direct investment indicators end-2020: Pharos

CBE likely to decrease interest rates by 2-3% over next months in…

Hagar Omran

CBE to resume its monetary easing cycle in 4Q2019: Fitch Solutions

Future interest rate cuts to ease government's debt service burden, say economic…

Hagar Omran

EKH plans to add new 700k-sheet production line in SPREA MISR

Pharos expects $21-22m net profits for EKH year-end

Alyaa Stohy

Sharm El-Sheikh, Hurghada to witness RevPAR growth of 39% & 29%, respectively in 2019: Colliers

Cairo, Alexandria to achieve occupancy rates of 79%, 84%, respectively in 2019

Daily News Egypt

Mineral sales increase to $740m in FY 2019/20

State revenues from mining activities increase to $60m, says source

Abdel Razek Al-Shuwekhi

Outstanding balances of T-bills, bonds reach EGP 1.97tn end-July

T-Bills balances reached EGP 1.203tn, T-Bonds at EGP 766.36bn, in addition to…

Hossam Mounir

South Korea, Egypt discuss inking FTA soon

President Moon Jae-in is keen on visiting Egypt, says ambassador Yoon

Hagar Omran

Visa, ExxonMobil partner for Security Week to promote safe digital payment practices in Egypt

Card users will receive an edutainment set of cards and car shades,…

Daily News Egypt

EFG Hermes earnings reach EGP 304m on operating revenues of EGP 1.1bn

Large private company to be offered on EGX by November

Alyaa Stohy