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

EBSC asks cabinet to exempt their equipment from taxes and customs

Shareholders paid EGP 300m for issued capital, says Soltan

Mohamed Farag

UBE offers integrated system for financing journalists, launches Tahya Misr investment certificates

The bank signs a cooperation protocol with the Press Syndicate to offer…

Hossam Mounir

Egyptian Agricultural Bank launches initiative to finance livestock wealth project

We aim to finance the purchasing of one million livestock and establish…

Hossam Mounir

Government launches treasury bonds and bills for EGP 105.25bn in June

Launching 16 bills for terms of 91-364 days for EGP 99bn, 8…

Hossam Mounir

Beltone expects HDB’s net profit to exceed EGP 800m by year end

Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%,…

Hossam Mounir

CBE’s decision to raise interest rate continues to stir controversy

The decision was great and emphasised the bank’s determination to activate its…

Hossam Mounir

Misr Financial Investment to establish renewable energy company 

Misr Financial Investment Company, a subsidiary of Misr Holding for Insurance, plans…

Daily News Egypt

Funds’ assets lose EGP 22bn over past five years, despite number increasing by 17

Losses in 2016 amounted to EGP 27bn, due to CBE decisions scaling…

Alia Stouhi