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

CBE amends provisions of tourism initiative guaranteed by Finance Ministry

New amendment stipulates that initiative would end after exhausting amount allocated or…

Hossam Mounir

Aswan to hold international concert at Ramses II Temple next Monday

Due to COVID-19 pandemic, no in-person attendance will be allowed in event

Daily News Egypt

Japan offers $240m loan to support energy reform, combat COVID-19 in Egypt

New loan, largest since October 2016, also aims to reduce Egypt’s fiscal…

Nehal Samir

Egypt sees slight decrease in unemployment to 7.2% in Q4 2020: CAPMAS

Workforce increased to 29.965 million in Q4 of 2020 from 28.171m in…

Hossam Mounir

Planning Ministry releases ‘Citizen Investment Plan’ for Qaliubiya in FY 2020/21

Plan is aimed primarily at citizens, ensuring their integration into planning and…

Daily News Egypt

Ebtikar restructures to include only Masary, Bee for e-payment before EGX debut

Company plans to put Basata on EGX in 2022 after transferring non-banking…

Alyaa Stohy

saib Bank sees net profits grow 84% to $20.4m in 2020

Increase in profits was driven by high net income from return, net…

Hossam Mounir

CTP to establish business parks with $600m investments in Egypt

Company builds on 22 years of experience in Europe, and experience in…

Daily News Egypt

CBE reveals commodity prices’ movements in January 2021

Vegetable prices fell by 23.6% for second consecutive month

Hossam Mounir

Egypt to host Real Gate Exhibition from 25-27 March

The Real Gate Exhibition, Egypt’s first hybrid real estate exhibition and conference,…

Daily News Egypt