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

US invests $1.5bn to increase Egyptian agricultural export by 1,500%: Elizabeth Mello

In 2020, Egypt was 13th largest destination for US agricultural exports by…

Nehal Samir

Total Egypt-US trade exchange recorded $7bn in 2020: US Embassy Minister Counsellor for Economic Affairs

Major US infrastructure trade delegation to visit Egypt in spring of 2022,…

Nehal Samir

26% increase in Egyptian students pursuing postgraduate studies in US: Erudera

76% increase in number of Egyptian students in US over 10 years:…

Nehal Samir

American companies consider using Egypt as export hub to Middle East, Africa: US Chamber

Despite Covid-19, Egypt’s economic performance in 2020 was impressive: Steve Lutes

Nehal Samir

Egypt-US relations: New chapter under Biden’s Administration

Egypt and the United States have been associated with close strategic relations…

Daily News Egypt

US military, economic assistance to Egypt reach $50bn, $30bn since 1978, respectively: Ambassador Cohen

US supports negotiated solution between Egypt, Ethiopia, and Sudan over GERD dispute

Nehal Samir

EGX sees decline in purchasing power, weakening chances to shatter 10,310 point resistance

The Egyptian Exchange (EGX) suffers from a clear decline in purchasing power,…

Alyaa Stohy

Saudi Arabia offers EGP 270m to 3 Egyptian banks for MSME finance: Mashat

The committee has decided that Banque Misr would benefit from its financing,…

Daily News Egypt

EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE

Volume of term deposits, proceeds of savings certificates in foreign currencies increased…

Hossam Mounir

Egyptian government to depend less on local market in budget deficit finance

Debt instruments worth EGP 587bn offered during Q1 2021/22, compared to EGP…

Hossam Mounir