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 to review import duties on iron billets, rebar in April

Duties on iron billets, steel rebar would be reduced to 10%, 17%,…

Alyaa Stohy

Companies uncommitted to e-invoice system will be referred to prosecution: Finance Minister

Egyptian law stipulates that every taxpayer is obliged to issue tax invoice…

Daily News Egypt

CBE Governor, South Korea Ambassador discuss strengthening bilateral cooperation

Both agree that Egypt is promising market with geo-political, geo-economic importance

Nehal Samir

CBE to provide ABE additional EGP 1bn to finance livestock project

Approval from CBE raises lending portfolio for this project to EGP 3bn,…

Hossam Mounir

IMF to upward revise global forecast for 2021, 2022

Georgieva said that in January, the IMF projected global growth at 5.5%…

Nehal Samir

Egypt Environment Minister launches ‘Recycle for Future’ initiative to limit plastic use

Event coincides with announcement of the first Egyptian Day for Recycling

Daily News Egypt

Orascom Financial Holding, EXCEL partner to launch fintech company

This partnership marks an important step towards the implementation of the company's…

Alyaa Stohy

Egypt’s Sovereign Fund commits EGP 250m to EFG Hermes Education Fund’s third close

TSFE, GEMS Egypt also sign MoU to develop, operate 2 premium national…

Alyaa Stohy

International Cooperation Minister joins European Diplomacy Academy meeting

COVID-19 pandemic has re-emphasised connectivity and technology are key to building back…

Daily News Egypt

Egypt’s Suez Canal has been significant to world trade for 160 years: Al-Sisi

President thanks countries that offered assistance to Egypt for re-floating trapped ship

Bassant Mohammed