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 Ventures raises EGP 104m investments in 2020: International Cooperation Ministry

Investment firm aims to empower Egypt’s entrepreneurial ecosystem, drive innovation

Nehal Samir

Poverty increases vulnerability to mental health conditions: Study

Eastern Mediterranean countries are witnessing higher rates of mental health disorders than…

Daily News Egypt

Egypt’s central bank allocates EGP 15bn to finance dual-fuel vehicle conversions

According to the central bank imitative loan period ranges from seven to…

Hossam Mounir

Oil prices fall amid OPEC+ deadlock over output cuts

The COVID-19 pandemic took its toll on oil prices in 2020. For…

Xinhua

President Al-Sisi inaugurates Egypt’s 1st Go Green Exhibition

Go Green Exhibition aims to keep companies and the public informed on…

Daily News Egypt

Egypt’s tourism revenues decline to $4bn in 2020 from $13.03bn in 2019

Egypt’s tourism revenues in 2020 slumped 70% year-on-year (y-o-y) to record $4bn…

Nehal Samir

250k natural gas vehicle conversions, replacements planned over 3 years

Programme saves 50% of money spent on traditional fuels, provides better income…

Shaimaa Al-Aees

Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender

The Central Bank of Egypt (CBE) has announced it has received 35…

Hossam Mounir

CI Capital concludes securitisation bond offering worth EGP 2.7bn

CI Capital Holding for Financial Investments has announced that its leasing arm,…

Alyaa Stohy

Government considers activating sub-accounts unit at Tourism and Antiquities Ministry

Minister said that Sub-Accounts Unit is useful in developing realistic estimates relating…

Nehal Samir