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

EGX awaits catalysts to break out of its sideways range, record 14,100 points

Current share prices offer ideal opportunity for long-term investor, says Naeem Brokerage

Daily News Egypt

Hermes inches toward EGP 2bn deals before end 2019

Gad: 4 private companies preparing for EGX float, 2 will be offered…

Alyaa Stohy

EFG Hermes considers entering insurance sector

Company focuses on enhancing its market share in Africa

Alyaa Stohy

EFG Hermes plans to establish fund for investing in real estate sector by 2020

Hermes' expected share in education fund investments in 2019 amounts to $40m:…

Alyaa Stohy

Volume of Egypt’s trade exchange with UAE in 2018 stands at $5.5bn

The UAE`s imports from Egypt hiked by 10.5% in 2018, recording $2.1bn,…

Daily News Egypt

Egypt holds community consultation session for Hamrawein coal plant August 30

Session includes presentation of specifications, technology used, security, safety standards

Mohamed Farag

I-Score to sign cooperation protocol with Ministry of Justice to provide bankruptcy data

Company signed cooperation protocol with ITDA to automate commercial register customers bank…

Hossam Mounir

Banque Misr opens 2 BDS centres in Sadat, Damietta cities

New centres’ locations selected as per Egypt’s investment opportunities map

Hossam Mounir

Government hedges against oil price increase at under $70 per barrel

Renewal of hedging contracts every 3 months with review of oil value…

Mohamed Adel

Fawry to offer 36- 40% stake on EGX

21% for strategic investors, between 15-19% stake for IPO and private placement

Mahmoud El-Qassas