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

Financial position of banks in Egypt up EGP 96.9bn in July 2020: CBE

Volume of doubtful debts allocations amounts to EGP 150.877bn, reserves amount to…

Hossam Mounir

Japan grants $9.5m to support health sector in Egypt

New grant will raise cooperation portfolio between two countries to $54.5m in…

Nehal Samir

Egypt, Greece, and Cyprus explore further trilateral strategic integration 

8th summit addressed latest updates in Eastern Mediterranean, Middle East, and GERD…

Daily News Egypt

AmCham in Egypt, Greece, and Cyprus agree to promote trade with US

The MoU will promote the development of trade, investment, and business relations…

Daily News Egypt

Joint venture acquires Ridgewood Egypt water desalination company

The acquisition will see about 60 water desalination plants added to the…

Daily News Egypt

EGX falls over growing foreign sales fuelled by fears of second COVID-19 wave

Expectations for sideways trend to continue between 11,200 and 11,500 points, with…

Alyaa Stohy

EJB calls on CBE to accelerate digital transformation in Egypt’s financial sector

Makhlouf said that the academic curriculum in many Egyptian colleges should be…

Daily News Egypt

Egypt, WBG cooperation portfolio amounts to $8bn

The pandemic has affected all economies worldwide, causing a substantial decrease in…

Daily News Egypt

Sandoz, ECS to produce biosimilar for blood cancer medication

The partnership is an important step in expanding access to global standard-care…

Daily News Egypt

AFD’s Proparco invests $11m in Egypt-focused LCP Fund II

French investments will support economic development and job creation

Daily News Egypt