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

MTIE reports good performance driven by favourable revenue mix, solid performance by subsidiaries

MTIE reported revenues in the first quarter (Q1) of 2020 of EGP…

Alyaa Stohy

Egypt’s universities apply digital transformation at cost of EGP 7.3bn

The new system will see the implementation of projects such as automated…

Bassant Mohammed

Abu Qir Fertilizers to establish methanol, ammonia complex in SCZone

Complex to produce 1 million tonnes of methanol, 400k tonnes of ammonia…

Alyaa Stohy

Egypt’s SMEs Development Agency, Banque du Caire sign EGP 500m microfinance agreement

Contract allows for limit of loans provided to micro-projects to be raised…

Hossam Mounir

Central Bank of Egypt receives 24 bids worth $540.6m for T-bills in US dollars

Proceeds of this tender will be used to pay for previous tender…

Hossam Mounir

Egypt, EU discuss enhancing joint relations

Egypt plans to increase investments in human capital, particularly health, education sectors

Daily News Egypt

Facebook presents vision of being a privacy-focused communications platform

Facebook gives people control of their privacy, and is committed to giving…

Daily News Egypt

42-59% hotel market occupancy expected in Egypt during 2021: Colliers

Several markets are building on recovery that began in Q4 2020

Daily News Egypt

Vodafone Egypt to pay EGP 10bn in dividends for 2021

TE, Vodafone International sign modified shareholders' agreement that includes amendments to Vodafone…

Mohamed Alaa El-Din

Egypt prepares to issue its first sovereign sukuk: Finance Minister

Government to establish state-owned company to manage, implement sukuk process

Daily News Egypt