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

IMF likely to approve final $2bn of Egypt’s loan next Wednesday

The IMF’s board approval of  fifth review will allow Egypt to receive…

Hagar Omran

EU to launch €20m energy project in Egypt

Union to announce financial support for EMGF next week, says Surkoš

Hagar Omran

Egypt’s GDP grows 5.6%, budget deficit registers 8.2% in FY 2018/19

The ongoing fiscal reforms managed to reduce the budget deficit to 8.2%…

Daily News Egypt

Russia’s Optical Museum: a blend of education and entertainment

We dream to prepare OptoClones from best treasures in international museums, says…

Mohammed El-Said

EBRD, CBE discuss offering new banking products for Egypt’s private sector

Locally operating banks receive 25% of EBRD funding portfolio in Egypt, says…

Hagar Omran

Prices soar in Egypt, but people find ways to cope

In Egypt, economic challenges since 2016 forced the people to adapt to…

Bassant Mohammed

COLNN closes a SEED round of $100K from EdVentures

COLNN’s services include web cloud-based solutions to schools and an integrated mobile…

Daily News Egypt

Hero MEA establishes solar power station to ration electricity consumption

Corporation invested about 75% of project’s total cost, says Bazan

Daily News Egypt

NBE SME’s portfolio reaches EGP 65bn end-June

Bank opens 1st specialised centres in business development services in Al-Yasmeen branch

Hossam Mounir

Banks’ credit facilities see EGP 242.6bn rise in 10 months: CBE

Deposits up by EGP 1bn only as non-governmental deposits drop

Hossam Mounir