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

Egypt, China hold expanded meeting to discuss increasing bus production

The meeting reviewed the plans to expand bus production in Egypt, and…

Daily News Egypt

Flat6labs increases FAC fund to EGP 207m, to support Egyptian early-stage startups

The fund also announced that it is raising its cash seed offering…

Daily News Egypt

Egypt, South Korea discuss investment opportunities for Korean companies

The companies eyeing potential investments include: Hyundai Rotem; Doosan Heavy Industries; and…

Nehal Samir

ALEXBANK hosts webinar on Suez Canal’s Pivotal Role in Mediterranean, Global Maritime Economy

Bank cooperated with Italian company SRM since 2015 to analyse actual performance…

Hossam Mounir

4 banks acquire 90% of Islamic banking in Egyptian market

Faisal Islamic Bank of Egypt ranked first with EGP 119bn turnover in…

Daily News Egypt

10 Egyptian startups raise $55.3m in 2021

Four other Egyptian startups have obtained financing of less than $1m, with…

Mohamed Alaa El-Din

EGX needs consistent buying power to sustain further advances

Bulls not able to maintain advances to 10.750 points resistance level, movement…

Alyaa Stohy

Egypt allocates EGP 260m to Health Ministry to curb COVID-19: Planning Minister

The finance comes as part of efforts to increase the investment plan…

Daily News Egypt

Egypt’s Planning Ministry issues citizen follow-up report in Daqahleya Governorate

The report includes an inventory of the projects that were fully completed…

Daily News Egypt

Egypt chemical industry exports grow 22% in Q1 2021

Country’s exports have recorded 8% growth rate in the quarter, says GOEIC

Shaimaa Al-Aees