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

ABE signs agreement to finance 1.5 million-feddan reclamation project

Farouk emphasized ABE's keenness to cooperate with the Ministry of Agriculture and…

Hossam Mounir

EFG Hermes 18% YoY growth in net profit during Q3 of 2020

Revenues for the quarter came in at EGP 1.4bn, up 21% YoY.…

Alyaa Stohy

Prime FinTech to account for 70% of Prime Holding’s business within 3 years: Chairperson

Money market's recovery after coronavirus pandemic will affect Prime Holding's traditional activities…

Alyaa Stohy

Mini Egypt launches new Countryman 2021 in local market

The Countryman version can be recognised through some new updates internally and…

Ahmed Hassan Abdel Karim

EATC launches all-new Audi A4 2021 in Egyptian market

The new model aims to dominate the luxury sedan segment relying on…

Ahmed Hassan Abdel Karim

ECA holds periodic meetings to address pending competition violation cases

The current organisational structure of the ECA has not been updated since…

Ahmed Hassan Abdel Karim

Coronavirus pushes passenger car sales forward in Egypt

Passenger car sales in Egypt increased 24% during September 2020 on annual…

Zamzam Mostafa

Mercedes-Benz named again among world’s most valuable car brands

Mercedes-Benz ranked eighth in the ranking with an estimated value of $49.268bn.…

Ahmed Hassan Abdel Karim

Egypt, Hungary converse about cooperation in artificial intelligence field

During the meeting, Talat reviewed the most important projects implemented by the…

Mohamed Alaa El-Din

Nasser Social Bank increases its budget to EGP 22.247bn in June: El-Kabbaj

Bank seeks to develop new services, support financial inclusion: Vice Chairperson

Hossam Mounir