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’s Sovereign Fund to offer conditions for developing Tahrir Complex soon

Soliman added that the terms of conditions, which will be released in…

Shaimaa Al-Aees

Egypt’s expected tourism sector losses in 2020 worth $12-$13bn: Ehab Abdel Aal

Global Travel, Tourism sector suffered $4.5trn in losses in 2020 due to…

Nehal Samir

Pharos heads EGX league in March with transactions of EGP 26bn, 31% market share

The firm reported a market share of 31.4% of total transactions, with…

Alyaa Stohy

COVID-19 crisis accelerated digital transformation, financial inclusion: Summit CEO

National projects including Grand Egyptian Museum, Administrative Capital alleviated effects of pandemic,…

Mohamed Alaa El-Din

Banque du Caire reports EGP 3.2bn net profit in 2020

Bank overcame challenges of 2020, banking sector one of strongest sectors supporting…

Hossam Mounir

NBE provides services to clients at New Administrative Capital through mobile unit

Bank is keen to increase financial inclusion among Egypt’s youth, one of…

Hossam Mounir

Hapi Conference to launch on Monday focusing on recovery investments

Event will see participation of 4 ministers, business community leaders

Daily News Egypt

ALCN budget for FY 2021/22 factors in container fee hike

The company targets a net profit of EGP 1.4bn, up 7% versus…

Alyaa Stohy

HSBC, Reefy sign EGP 150m revolving facility for Egyptian women-led MSMEs

Agreement supports CBE aim to raise microbusinesses, SME sector contribution to formal…

Hossam Mounir

Egypt completes 509 projects worth EGP 7.3bn in Beni Suef Governorate: Planning Ministry

The projects covered: education; health; irrigation; local development; housing; transportation; petroleum; and…

Daily News Egypt