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

EGP 1.166trn increase in financial position of banks in Egypt during 2020: CBE

Banks report EGP 325.761bn reserves, EGP 162.274bn provisions to nonperforming loans

Hossam Mounir

Egypt’s Tourism Minister, stakeholders discuss proposals to increase inbound travel to Taba

South Sinai celebrates 32nd anniversary of Taba’s return to Egypt

Daily News Egypt

Low purchasing power paves way for further EGX downturns this week

EGX30 close at 10,918.4 points, recording decline of 3.05% last week

Alyaa Stohy

Egypt’s Al-Sisi orders launch of public services complex in each governorate to stimulate investment

Public services complex is scheduled to be opened in Sharm El-Sheikh by…

Daily News Egypt

House of Representatives delegation inspects Janaklis desert axis

MP Alaa Abed pledges to follow up on project implementation according to…

Sarah El-Sheikh

Al-Sisi orders promoting localisation of technology, industry to meet Egyptian market needs

President’s directives aim to bridge export-import gap, achieve self-sufficiency

Daily News Egypt

Opinion| Afreximbank’s role in promoting Africa direct investments

The $2.9bn hydroelectric power project, expected to generate more than 2,000 MW…

Professor Benedict Oramah

South Korea invites Egypt to participate in 2021 K-City Partnership

Programme is platform for G2G cooperation aimed at providing technical assistance in…

Nehal Samir

Turkey dismisses Central Bank governor 2 days after interest rate hike

Turkish President Erdoǧan has dismissed 3 former central bank governors before end…

Daily News Egypt

FrieslandCampina, Domty cooperate to boost food industry exports

Total of 6% of sales will come from exports, which are growing…

Alyaa Stohy