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

$243m from JICA to finance EEHC’s automated control centres

The loan will be paid on 30 years with 10-year grace period…

Mohamed Farag

Crisis of airlines money transfer from Egypt comes to an end

American and Korean airlines have transferred their dues until the period of…

Aisha Zidane

CBE holds hope on Banque du Caire to support microenterprises: Amer

The bank injected 1.5 million loans to project owners until the end…

Hossam Mounir

Banks obliged to separate microfinance from retail loans

Trial project between civil associations and banks to benefit from digital services…

Hossam Mounir

CBE calls on banks to introduce credit-rating system to evaluate micro-financing institutions

We have been studying ways to strengthen this sector, which is one…

Hossam Mounir

1.8m people benefited from microfinance loans until the end of 2016: Samy

Volume of funding provided by these bodies increased to EGP 4.5bn, trade…

Hossam Mounir

Law controlling work of microfinance companies encourages banks to finance them: Ghada Waly

The CBE's initiative supports these bodies before international financing institutions, young people…

Daily News Egypt

EMF seeks to increase customers to 10 million at total funding of EGP 30bn within four years: chairperson

The EMF includes eight banks, three companies, 752 institutions, and a civil…

Hossam Mounir