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 annual urban headline inflation declines to 5.4% in December 2020: CBE

Subsequent inflation target has been set at average of 7% (±2%) during…

Hossam Mounir

BLOM BANK announces execution of SPA for Egypt operations

A definitive agreement has been signed by BLOM Bank and the Arab…

Hossam Mounir

World can gain $9trn during 2021-2025, if worldwide vaccination accelerated: IMF chief

Ensuring sustainable, inclusive recovery post-COVID-19, reversing divergence between rich and poor countries…

Nehal Samir

Communication service users refunded EGP 970,000 in Q4 of 2020 after NTRA intervention

The National Telecom Regulatory Authority (NTRA) has revealed that a total of…

Mohamed Alaa El-Din

How to Make Bitcoin the Easy Way

As you might have guessed, the thing people love most about Bitcoin…

Daily News Egypt

Can Bitcoin Replace the US Dollar?

many people have asked whether bitcoin can replace the US dollar as…

Daily News Egypt

Egypt allocates EGP 78.7m to purify Alexandria’s Lake Mariout

Purification project is one of Alexandria’s integrated development projects, says Planning Minister

Daily News Egypt

Optimism at Egyptian Exchange performance though experts recommend caution

Egypt’s stock market tests resistance level at 11,500 points during high trading

Alyaa Stohy

Shortage of iron billets hits rolling mills locally

Rolling mills in Egypt are currently suffering from low availability of iron…

Shaimaa Al-Aees

SODIC eyes securitising receivables, keeps New Capital on radar to expand land bank

About 40,000 sqm of commercial BUA are expected to come on line…

Alyaa Stohy