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

Egyptian Mineral Resources Authority targets EGP 2.4bn in profits in FY 2019/20

Government calls on management to develop various investment plans to increase profits

Egypt’s PMI improves slightly, yet still in contractionary territory

According to the PMI, the average of 49.4 over the second quarter…

Nehal Samir

Government intends to borrow EGP 522bn in Q1 of FY 2019/20

Ministry of Finance offers T-Bills, Bonds worth EGP 200.5bn in July, EGP…

Hossam Mounir

Egypt’s exports to regional blocs increase 6.6% in 2018: CAPMAS

In its annual bulletin of Egypt’s trade exchange in 2018, the CAPMAS…

Daily News Egypt

CBE launches risk insurance company for exports to Africa before year-end

El-Shaarawy told Daily News Egypt that the bank is currently completing the…

Daily News Egypt

Ministry of Public Enterprise Sector launches Gosour app to facilitate trade in Africa

Tawfik opened the ‘Gosour for International Trade in Eastern and Central Africa’…

Mostafa Fahmy

Egypt has not yet benefited from its trade agreements with Africa: Industry Minister

“We aim to increase Egyptian exports to Africa to 4% of continent’s…

Alyaa Stohy

Qalaa Holdings records 13% y-o-y increase in revenues in 1Q19

The top-line expansion came on the back of robust results posted across…

Daily News Egypt

Egyptian government, ITFC agree on extending future cooperation

ITFC completes financing of $1.130bn for trade financing programme in Egypt

Hagar Omran