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

Oil prices fell to $53 due to increased supply

Talks to extend OPEC deal to cut oil production in 2019

Mohamed Adel

Egypt to start first phase of electricity interconnection with Sudan within three weeks

electricity exchange capacity with Jordan, Libya to reach 1,000MW

Mohamed Farag

Government intends to borrow EGP 473.75bn in Q1 of 2019 to bridge budget gap

Finance Ministry to float T-bonds, bills worth EGP 181.5bn by January, EGP…

Hossam Mounir

Africa on path towards resolving economic challenges

It is estimated that by 2030, one in five people will be…

Shaimaa Al-Aees

Economic woes mark end of 2018, global conflicts to watch in 2019

US leadership of international order fades, more countries seek influence by meddling…

Daily News Egypt

EFG Hermes Leasing, HSBC team up to finance capital expansion of SMEs

Agreement supports CBE initiative to strengthen sector, raises its contribution to formal…

Daily News Egypt

2018: year to forget for EGX amid wider sell-off streak in global markets

EGX30 ends lower 1.16% in last week of year as foreign investors…

Daily News Egypt

MSMEs account for 75% of ABE’s loans portfolio by end October: chairperson

Bank pumped EGP 605m to 1,314 clients in CBE's initiative, says Elkosayer

Hossam Mounir

HDB profits scored EGP 1.393bn end September: chairperson

Bank's housing projects profits increased to EGP 370.3m end of September, up…

Hossam Mounir