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

World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin

Municipalities in Egypt should have clear detailed budgets first to be qualified…

Alyaa Stohy

Al-Sharqawi represents Misr Insurance Company at SAIB Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Ashraf…

Daily News Egypt

Hussein Elgretly appointed as non-executive member of Suez Canal Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Hussein…

Daily News Egypt

Egyptian banking sector ranks 4th in terms of assets in Arab region: UAB

NBE ranked eighth among largest Arab banks with assets worth $75.6bn

Hossam Mounir

Foreign currency deposits up $1.3bn in 1Q 2019 to $42.81bn

Local currency deposits up by EGP 88.1bn to EGP 2.531tn at end…

Hossam Mounir

Five banks start issuing prepaid cards to pay government dues electronically

NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free…

Daily News Egypt

Egypt warns Turkey against drilling in Cyprus’ economic zone

Egypt warned against intentions of Turkey to begin drilling activities in a…

Mohamed Samir

Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum

Renewal is essential to secure subsidy allocations from price changes, says El-Molla

Mohamed Adel

Al-Sisi meets with World Bank president over Egypt’s economic reforms

Malpass welcomes Al-Sisi’s implementation of reforms, recognises need for further progress on…

Mohamed Samir

Egypt to become most important tourist destination in 2020: Adventures by Disney

Egypt is to become most important tourist destination by 2020, according to …

Daily News Egypt