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

IMF executive board approves $12bn loan to Egypt

EFF-supported programme will help Egypt restore macroeconomic stability and promote inclusive growth

Mohamed Samir

Travco Group sells shares in Air Arabia Egypt

Travco Group International sold its 50% stake in Air Arabia Egypt, according…

Ahmed Saad

DNE news brief: 10 November 2016

https://youtu.be/fVmZGpmz_Dc

Daily News Egypt

Size of Egypt’s technology market to reach EGP 26bn by 2020: Afifi

Devices represent about 50% of the market, while services represent about 30%,…

Daily News Egypt

Shell suspends El-Borollos production next month to link pipeline to treatment station

South Alexandria Project to be linked to El-Borollos gas treatment station

Mohamed Adel

Egypt Post increases interest rate on savings accounts to 10.25%

Total value of deposits and invested money in Egypt Post amounts to…

Mohamed Alaa El-Din

Industry and Trade Ministry targets 8% industrial growth by 2020

We target to increase private investment from EGP 43bn to nearly EGP…

Shaimaa Al-Aees

Inflation rate increases by 1.8% in October: CAPMAS

The annual inflation rate reached 14% in October

Daily News Egypt

Federation of Egyptian Banks to meet Sunday in presence of CBE governor

The meeting is planned to discuss the most significant issues in the…

Hossam Mounir