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

Tamweely Microfinance increases capital to EGP 75m

Company targets expansion to 40 branches by year-end, 60 branches by 2020,…

Hossam Mounir

Net profit of Banque du Caire reaches EGP 1.218bn in Q1 of 2019

Good results always push us to continue development, says Fayed

Hossam Mounir

Egyptians Abroad prepares to set up investment fund in logistics services with EGP 2bn

Fund aims to invest in dry ports, transport operations, storage areas

Alyaa Stohy

Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt

Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv…

Mohamed Adel

Amer: 30-40% of Banque du Caire shares to be floated by October 2019

CBE receives 3 bids for United Bank, awaiting new offers

Hossam Mounir

Masary targets doubling POS to reach 150,000 POS end 2020, has 30% market share: Chairperson, CEO

FinTech forefront of financial inclusion in Egypt, we aim to process 2m…

Mohamed Samir

Fawry considers entering field of IPO payment in EGX offerings through company’s outlets next year

We have achieved great success in funding traders who previously contracted with…

Alyaa Stohy

CBE regulates banks transactions with technical payment aggregator, facilitators

Boards of directors shall ensure banks' plans match reliance on these companies,…

Hossam Mounir

EEHC to complete analysis of power control centre offers in 3 weeks

Siemens, GE, Schneider Electric competing for implementation

Mohamed Farag