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

Ban on any ergot-infected wheat: Ministry of Agriculture

According to Egyptian standards, the percentage of Ergot allowed is 0.05%, says…

Adel M. Fakhry

Banque Misr launches service for credit score via ATM enquiry

Banque Misr launched a service that allows its customers to enquire about…

Hossam Mounir

Optimism amid crackdown on informal market stabilise unofficial currency exchange pool: Banker

Trading currency is becoming difficult and the price is seeing large variation…

Hossam Mounir

Banque du Caire prepares to fund Suez Canal Development Projects: executive board member

The bank is prioritising its available US dollars to raw materials and…

Hossam Mounir

HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson

Net profits of the bank reached EGP 394.7m in the first half…

Hossam Mounir

US dollar shortage restricts activities of credit leasing companies

Import companies have suspended operations amid difficulty opening letters of credit, says…

Hossam Mounir

International Cooperation Ministry aims to secure $15bn over 3 years, representing 50% of funding gap

Ministry has provided $3.8bn out of $5bn to finance 20 development projects…

Mohamed Ayyad

Natural Gas supply project will expand to reach 20 governorates: International Cooperation Minister

In 2014, the World Bank funded the original three-year project for the…

Adel M. Fakhry

Slight growth in mobile, internet subscribers with 700,000 new customers

34.3 million internet users in May, says Ministry of Communications

Daily News Egypt

EGX falls to 8,050 – 7,993 points giving buyers the opportunity for future profit

Technical analysts and executives at brokerage firms expect the Egyptian Exchange (EGX)…

Mohamed Ahmed