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

Danish investment funds actively eying new opportunities in Egypt

Companies injected $1bn in new investments in 3 years, says Danish ambassador

Hagar Omran

Dice agrees with CIB, QNB, Attijariwafa, EALB to borrow EGP 90m

The purpose of the borrowing is to finance the acquisition deal over…

Alyaa Stohy

USAID, PepsiCo Egypt sign MoU to Support Egyptian potato farmers

According to the statement, the joint programme will increase transparency and sustainability…

Daily News Egypt

Faisal Islamic Bank of Egypt registers EGP 1.376bn in profits in H1of 2019

Total assets of bank increased to EGP 97.289bn end-June, up from EGP…

Hossam Mounir

GAFI further simplifies licensing procedures for companies

Decision eliminates condition of organising field checking visits to companies, says statement

Hagar Omran

Elegant Group aims to channel EGP 1bn of Egyptian’s savings to agricultural, industrial sectors

Elegant Group Chairperson, Mohamed Shaheen, said that the agricultural and industrial sectors…

Daily News Egypt

Fawry announces its intention to offer 36% stake owned by Netherland Holding BV on EGX

Furthermore, according to the statement, shares offered in connection with the institutional…

Daily News Egypt

Egypt’s gas exports through Idku increase to 750m scf/day

Connecting Giza, Fayoum fields contributed to increasing export quantities, according to EGAS

Mohamed Adel

Fed rate cuts contradictory statement causes market confusion

Monetary easing from Fed could help EM central banks to cut rates

Mohamed Samir

Bank deposit growth slows to 11.46% in April from 11.85% in March

DNE sheds light on key performance indicators of banks operating in local…

Hossam Mounir