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 operating in Egypt celebrate International Youth Day

New accounts opened free of charge, special offers made on 1-15 August

Hossam Mounir

CI Capital records EGP 1.1bn revenues in 1H19, growing 35% y-o-y

Company achieves net profit of EGP 207.7m in this period, up 39%…

Nehal Samir

US enshrining of FX controls to carry serious implications for global market: HSBC

Moving parts involved in current trade negotiations are similar to those evident…

Nehal Samir

CBE reveals Egypt’s economy external position

Foreign debt reached 35.1% of GDP at end December 2018, compared to…

Hossam Mounir

Egypt’s Supply Ministry reveals 12 determinants to exclude Egyptians from ration cards by end August

Indicators include electricity consumption, EGP 15,000 salary, EGP 100,000 in taxes, and…

Basma Tharwat

Egypt’s crude oil, petroleum products imports decrease by $3bn in FY2019/20: Government sources

Country’s domestic consumption of natural gas to increase to 51.1 million tonnes

Abdel Razek Al-Shuwekhi

Misr Italia to establish Mideast’s first vertical forest in NAC

"We aim at introducing trend-setting concepts that can improve the Egyptian real-estate…

Daily News Egypt

Raya Foods gets €5m loan from EBRD to finance expansion plan  

The loan is expected to be disbursed in two instalments, the first…

Daily News Egypt

Swiss embassy celebrates 40 years of development cooperation with Egypt

Three domains drive cooperation strategy till 2020, says document

Hagar Omran