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

NCR intends to offer omnichannel service in Egypt: managing director for Africa

The company aims to supply Egyptian banks with the latest banking technology…

Hossam Mounir

UNB aims to boost SMEs financing to 8% of its total loans portfolio by end of 2016: vice chairperson

Union National Bank-Egypt (UNB) aims to boost its financing directed to small-…

Hossam Mounir

United Bank intends to participate in the loan arranged for TE: bank’s chairperson

Volume of bank’s syndicated loans portfolio amounts to EGP 500m, with most…

Hossam Mounir

AIB aims to increase loans granted to SMEs to EGP 7bn in 4 years: chairperson

The bank invested EGP 600m in the SMEs sector in 2015, with…

Hossam Mounir

Ahead of G20 Summit, west abandons free market in face of Chinese threat

China's increasing domination of large scale manufacturing drives western nations to put…

Nicholas Mehling

EGX30 targets 7,900-8,000 points this week

Technical analysts predicted that Egyptian Exchange (EGX) will move sideways, dropping down during…

Mohamed Ahmed

Elsewedy Electric increases smart metering contracts portfolio to ‎€148m supported by Gulf, European markets

The domestic market is expected to increase the Elsewedy Electric’s revenues as…

Mohamed Ahmed

EFSA agrees to grant Mubasher licence for managing investment funds

Company to hold an extraordinary general assembly to change its name to…

Mohamed Ahmed

Egypt drops 14 places to rank 55 in Country RepTrak index

Effective governance is considered the cornerstone of attracting foreign direct investment

Mohamed Samir