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

Auto dealers praise Consumer Protection Agency’s control on used-car market

Agency will eliminate 100% of fraud in local market: Hamada Motors

Dina Mohamed

Land Rover launches Defender model for first time in Egypt

The price of the Land Rover Defender is EGP 1.65m for the…

Zamzam Mostafa

‘Overpricing’ leads to sales decline in Egypt’s automotive market

Consumer reluctance to buy vehicles is fuelled by surge in prices

Zamzam Mostafa

Egypt’s telecoms regulator launches digital portal providing licensing services

This comes as part of the NTRA's keenness to raise the efficiency…

Mohamed Alaa El-Din

Sanad Fund grants Banque du Caire $30m subordinated loan

The transaction will be used to strengthen bank’s capital base and enhance…

Hossam Mounir

Egypt to offer EGP 246.5bn worth T-bills, bonds in December

Finance Ministry to put forward 20 offerings for T-bills worth EGP 198bn,…

Hossam Mounir

Ora Developers obtains EGP 2.5bn loan to finance ZED West

Global CEO of Ora Developers Group Naguib Sawiris said, “Ora Developers aims…

Daily News Egypt

Egypt’s population control plan is based on women’s economic empowerment: Planning Minister

Population control is of utmost importance for Egypt, according to Minister of…

Daily News Egypt

COVID-19 resurgence poses challenges to economic recovery: US Fed

US Fed chief's testimony came as Democratic and Republican lawmakers have been…

Xinhua

EBRD to approve €20m for Amethis MENA Fund II in February 2021

The project’s total cost stands at €150m, with the EBRD’s participation in…

Shaimaa Al-Aees