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

Emirates NBD-Egypt aims to increase SME portfolio to 10% by end of 2017, 20% by end of 2019

Bank launches special unit to provide technical, financial support to SMEs, supports…

Hossam Mounir

Sharm El-Sheikh, Hurghada hotels revenues decline: Colliers International

Colliers International, The Commercial Real Estate Leader published its 3-month rolling forecast…

Hisham Salah

US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation

Sunday marks the first day of the Egyptian pound’s complete flotation in…

Hossam Mounir

Flotation prompts Cartel Capital to activate $50m acquisitions plan

The US company targets to seize opportunities worth $10-20m in many financial…

Mohamed Ahmed

Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers

Investment in shares is more attractive compared to fixed-income instruments despite increase…

Mohamed Ahmed

Profit-taking process permeates EGX’s performance

Index targets 8,500-9,200 points, say analysts

Mohamed Ahmed

DNE news brief: 5 November 2016

https://youtu.be/nhMn7iDtQro

Daily News Egypt

Electricity Ministry may cease negotiations for new equipment purchases following pound flotation

Offers and prices of companies changed after the US dollar exchange rate…

Mohamed Farag

NBE, Banque Misr raise limits on card usage abroad

Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh…

Mohamed Ayyad

Increased cash support for subsidy cardholders is not enough: expert

Egypt floated its currency on Thursday, allowing it to fall from its…

Hisham Salah