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

EBRD offers $25m in finance to SMEs in Egypt through EBank 

EBank staff will also receive training and capacity-building opportunities to better serve…

Daily News Egypt

CBE explains its reasoning for raising interest rates by 2%

MPC decided that raising policy rates is necessary to contain inflationary pressures,…

Hossam Mounir

Egypt raising interest rates to curb inflation comes as surprise: Bloomberg

The CBE decided to implement the largest raise in interest rates in…

Daily News Egypt

Decision to raise interest rate was expected, necessary to control inflation rates: General Division for Communications

Saeed added that the communications and information technology sector will be slightly…

Mohamed Alaa El-Din

CBE’s interest rate hike to slowdown industrial investments

This is because it hikes the cost of lending by proxy, and…

Daily News Egypt

How will the capital market respond to the CBE’s decision to raise interest rates?

The global interest rate hike caused a shock in the financial markets

Fatma Salah

Maait meets with representatives of Morgan Stanley, Bank of America, Bank of New York in London

Diverse stimulus package for economic recovery from current global crisis, in implementation…

Shaimaa Raafat

Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike

Yield on some savings certificates, loan products rises automatically after CBE’s decision

Hossam Mounir

IDC announces GBM as host partner for 8th IT CEO Summit

IDC research shows that 49% of CEOs in Egypt have accelerated their…

Daily News Egypt

Visa believes fintechs have a crucial role to play: Malak El-Baba

Visa Everywhere' initiative 2022 witnessed a huge traction in Egypt, receiving 270…

Daily News Egypt