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 eyes EGP 647.5bn from T-bills, bonds issuances during 3Q 2020/21

Total of 52 T-bills bids worth EGP 463.5bn, 32 bids for bonds…

Hossam Mounir

Court affirms constitutionality of prison penalty for illegal construction perpetrators

Cabinet extends deadline for reconciliation over building violations until March

Daily News Egypt

Financial Group tops Egyptian brokerage ranking in 2020

Pioneers Securities aims to open new branch in Fifth Settlement during H1…

Alyaa Stohy

Egyptian pound appreciates 30 piasters against US dollar in 2020 despite COVID-19

Local currency is likely to see further gains against US dollar in…

Daily News Egypt

Egypt’s Chemical Industries Export Council urges reconsideration of gas pricing

The Egyptian Chemical Industries Export Council has called on the Egyptian government…

Shaimaa Al-Aees

Planning Ministry reviews ‘Citizen Investment Plan’ in Matrouh for FY 2020/21

Public investments directed to Matrouh stands at EGP 13.3bn, an increase of…

Daily News Egypt

Egypt restores famous ram statues at Karnak Temple

Statues are located in the southern side of the Karnak Temple first…

Nehal Samir

High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Banking sector has witnessed high financial stability in past years, allowing it…

Hossam Mounir

Egypt’s tourism revenues down 67.2% in 2020: Junior Business Association

Total of $935bn loss in global export revenues from tourism, over $1.1trn…

Nehal Samir

Ghabbour Auto’s Drive securitisation deal to result in EGP 100m gain

Drive, Ghabbour Auto’s (GB Auto) consumer finance and factoring subsidiary, has completed…

Alyaa Stohy