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

International, local financial institutions offer to invest $934.1m in Egyptian T-bills

Interest rate accepted by CBE grew to maximum of 3.8%, minimum of…

Hossam Mounir

Three companies request land to establish wind farms worth $500m

Land plots of 80 skm needed to launch 400MW energy projects

Mohamed Farag

Gasoline 95 price tied to Brent price, exchange rate, transport costs: Petroleum Ministry spokesperson

No intention to increase prices of other fuels until end of current…

Mohamed Adel

NBE’s syndicated loans share in Africa amounts to 9.7%: Bloomberg

Bank lead Egyptian market in joint loans in 2018

Daily News Egypt

MuzicUp expands in MENA with bigger share of digital music distribution market

‘We provide artists, labels with reliable way to stream records in chosen…

Ahmed Lamloum

Akam Developments achieves EGP 1.7bn in sales from Scenario project

Company plans to develop 2 ventures in New Administrative Capital, says sales…

Shaimaa Al-Aees

MSMEDA injects EGP 5.3bn to fund 247,000 projects in 2018

EGP 5.3bn were allocated to fund 247,000 small, micro projects, providing 395,000…

Hossam Mounir

Egypt’s foreign reserves down to 42.551bn in December: CBE

Egypt’s foreign currency reserves fell to $42.551bn in December, down from a…

Daily News Egypt

Opinion: What's to become of Deutsche Bank?

A little over a year until its 150th anniversary, Germany's biggest lender…

Deutsche Welle

CES Las Vegas: Entering the 5G-powered 'data age'

With the Consumer Electronics Show in Las Vegas around the corner market…

Deutsche Welle