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

NBE finances imports worth $4.3bn for public, private sectors since pound flotation 

NBE's proceeds reached $2.2bn since 3 November 2016, while savings certificates with…

Hossam Mounir

EEHC seeks to borrow EGP 10bn to finance projects in electricity transmission, distribution 

The company is communicating with NBE, Banque Misr to arrange a syndicated…

Mohamed Farag

Egypt’s self-sufficiency of wheat at 49.1% in 2015: CAPMAS

According to a recent report issued by the Central Agency for Public…

Hossam Mounir

Infinity Solar, Coca-Cola agree on establishing EGP 40m solar plant

QNB ALAHLI, Banque Misr to finance; construction completes in six months

Mohamed Farag

HSBC likely to move staff to Paris

British multinational banking and financial services company HSBC has said it will…

Deutsche Welle

Investment funds achieve moderate performance in 2016

Pound's flotation failed to support money market funds and fixed income funds…

Daily News Egypt

Banque Du Caire participates in new initiative to support small and micro enterprises in Upper Egypt

The bank granted over 1.5m loans to owners of micro enterprises with…

Hossam Mounir

US companies warn of trade war with China

US companies operating in China have warned the future administration under Donald…

Deutsche Welle

Samsung phones bear new price increases in January

The local mobile market in Egypt is expected to continue shrinking throughout…

Mohamed Alaa El-Din