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

Egypt targets gasoline deficit of 3.8% in FY 2019/20

Surplus of jet fuel production 3.43m tonnes in next FY, says source

Mohamed Adel

El Sewedy acquires Greek RF Energy for €55m

NBG funds 75% of deal expected to be sealed end-June

Mohamed Farag

New Swedish firms likely to begin operations in Egypt during 2019

‘We have seen rapid improvement of Egypt’s business climate,’ says Swedish ambassador

Hagar Omran

Korean MoFA’s Deputy Minister for Economic Affairs to visit Egypt on Tuesday

Visit to witness several high-level meetings with Egyptian officials, says ambassador

Hagar Omran

Third metro line ticket prices increase to EGP 5, EGP 7, EGP 10

Commuters differed on hike; some looking for alternatives

Bassant Mohammed

HDB joins the list of official sponsors of African Cup of Nations Total 2019

We aim to be 1 of top 10 commercial banks in Egyptian…

Daily News Egypt

Bank Audi-Egypt adds ‘Meeza’ card features on its debit, credit cards

Bank Audi- Egypt aims to support development of electronic payment system in…

Hossam Mounir

Faisal Islamic Bank of Egypt assets reach EGP 95.86bn by end of May

The bank's total assets stood at EGP 95.86bn, up from EGP 84.44bn…

Hossam Mounir

IDB’s mortgage finance portfolio up to EGP 1bn for 10,000 clients

Bank signs cooperation protocol with MFF for allocation, sale of 488 housing…

Hossam Mounir

CIB’s Extraordinary General Assembly approves authorised capital increase to EGP 50bn

Assembly grants board of directors right to establish branches, agencies, offices in…

Hossam Mounir