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

North Coast billboards utilisation higher than Cairo’s in August: AdMazad

Summer marks rebound of out-of-home advertising, as concerns over pandemic fade

Daily News Egypt

Egypt reports 8.6% decrease in trade deficit during June 2020: CAPMAS

Egypt sees trade deficit of $3.30bn in June 2020

Daily News Egypt

Vodafone Egypt franchises some stores, but keeps main branches

Move comes as potential STC takeover of Vodafone International Group’s stake in…

Alyaa Stohy

Egypt keen to enhance regional, international cooperation for industrial integration: Trade Minister

Gamea participates in virtual Global Manufacturing and Industrialisation Summit, which is being…

Mohamed Abdel Meguid

EGX correction expected to dominate performance pending new stimuli

EGX30 targets support level of 10,800 - 10,970 points this week

Alyaa Stohy

World Bank cancels undisbursed funds for Lebanon’s Bisri Dam project

Cancellation is due to non-completion of preconditions to commencement of construction on…

Shaimaa Al-Aees

Egypt to offer exceptional aid to over 12,000 tour guides amid COVID-19

EGP 500 grant will be presented to every tour guide for four…

Daily News Egypt

Finance Ministry signs 35 agreements to settle export subsidy arrears: Maait

First tranche of subsidy arrears worth EGP 400m to be paid to…

Mohamed Abdel Meguid

Egypt targets EGP 45.3bn of electricity sector investments in FY 2020/21: El-Said

Electricity sector is set to increase its production at current prices during…

Daily News Egypt

17 banks in Egypt report total EGP 18.565bn net profits in H1 2020

Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure…

Hossam Mounir