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

TE continues monitoring STC acquisition of Vodafone Egypt

In a recent report attached to its financial results for the second…

Mohamed Alaa El-Din

Internet services lead TE profits growth in H1 of 2020

TE achieved revenues of EGP 15bn during the first half (H1) of…

Mohamed Alaa El-Din

Egypt MCIT, Purdue University to launch dual degree programmes

EUI will be the first university in Middle East and Africa region…

Mohamed Alaa El-Din

Improved corporate business results, expected unchanged interests push EGX to consolidate

Moving above 10,600 points will help EGX breach resistance levels, says Okaz…

Alyaa Stohy

EBRD grants $100m to Banque Misr under Trade Facilitation Program

Banque Misr got another $100m loan that will be on-lent to local…

Nehal Samir

Banque Misr increases stake in CI Capital to 15.12%

Bank purchases about 14m shares worth approximately EGP 58.1m

Alyaa Stohy

Businesses plan major operational changes as resilience prioritised: HSBC Navigator

The new Navigator report, “Building Back Better”, from HSBC Commercial Banking, shows…

Daily News Egypt

EIPICO reports 17% y-o-y revenues decline to EGP 1.46bn in H1 2020

Pharmaceutical company underperformed on market, reporting aggressive 31% decline in retail sales

Alyaa Stohy

Misr Cement records higher margins in Q2 despite subdued volumes

Company reports net profit of EGP 14m, down 63% q-o-q, but up…

Alyaa Stohy

Egypt Tourism Minister, investors explore promoting travel destinations abroad

Meeting discusses possibility of seeking assistance from experts to develop long-term tourism…

Nehal Samir