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

13 banks in Egypt score EGP 8.48bn in net profits in 1Q19

CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal…

Hossam Mounir

EFG Hermes Leasing obtains EGP 75m facility from SFD

Plan to launch another securitisation programme in pipeline before end of 2019

Alyaa Stohy

55 Russian companies express their desire to invest in SCZone

Trade exchange between Egypt, Russia hits $7.66bn in 2018

Nehal Samir

Intro Energy to launch $100m energy projects in 3 years

Intro Energy is planning to launch several projects to produce electricity from…

Mohamed Farag

Egypt allows Eni, BP to export gas through Idku liquefaction plant

Development agreements of Zohr, North Alexandria allow foreign partners to export gas…

Mohamed Adel

Dahab listed top one of MENA’s best beaches

Want to go diving? Perhaps Snorkeling? Famous shipwreck? Come to Dahab

Bassant Mohammed

Innovation of AFCON stadiums cost EGP 1bn

Egypt allocate EGP 100m for development of training playgrounds

Huawei takes part in security arrangements of 2019 AFCON

US protectionist actions threaten global economic growth, says China’s Chargé d'Affaires

Hagar Omran

IMF to remain involved in Egypt’s reform, financing needs remain threat: Standard Chartered

Bank foresees inflation averaging 11.1% in FY 2019/20, further interest rate cuts…

Mohamed Samir