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

15.6% decrease in foreign employees at Egypt’s public, government sectors in 2020: CAPMAS

Total number of foreign employees in Egypt’s governmental, public/public business sectors reaches…

Daily News Egypt

Afreximbank closes historic $1.3bn bond

Transaction is bank’s largest transaction in debt capital markets to date

Daily News Egypt

AfDB, EBRD partner to promote sustainable private sector development in Africa

Agreement to help bridge $2.5trn annual financing gap for development in Africa

Nehal Samir

Ghabbour Auto to continue eyeing growth of financing arm GB Capital: CEO

Company anticipates reEGPase of Drive mobiEGP application in H2 2021

Alyaa Stohy

Egyptian shipping startup Bosta raises $6.7m in new financing round

Company plans to expand into Dubai, Saudi Arabia by 2021 end

Mohamed Alaa El-Din

Cleopatra Group seeks regulatory approval for Alexandria New Medical Center acquisition

Cleopatra to offer ANMC shareholders EGP 38.53 per share, valuing 100% of…

Daily News Egypt

French investments in Egypt increase 17.9% during FY 2019/20: CAPMAS

French investments in Egypt record $349m in FY 2019/20, compared to $296.1m…

Daily News Egypt

Technology driving force for infrastructure, education, transportation, entrepreneurship: Al-Mashat

Egypt’s digital transformation plan will see country heading towards paperless government, says…

Nehal Samir

Egypt’s e-payments to suppliers, state worker salaries record EGP 628bn, EGP 377bn respectively

Total of 13.5 million transactions worth EGP 37bn take place through government…

Daily News Egypt

5G already changing smartphone users’ behaviour: Ericsson ConsumerLab

Users spend more time with cloud gaming and AR, while 20% have…

Daily News Egypt