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

EGX ends Wednesday in green, market cap rises EGP 8.3bn

Blue-chip EGX30 index rose 1.22% to record 10867.76 points, while the small-…

Daily News Egypt

CIB unique among Egyptian banks regarding environmental transparency

The Commercial International Bank (CIB) announced, on Wednesday, that it has furthered…

Daily News Egypt

Portfolio investment flows to EMs to recover slowly in 2021: CBE

Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…

Hossam Mounir

Al-Sisi directs for integration of Suez Canal Economic Zone industrial projects

President reviewed the most important productive activities to be established within the…

Daily News Egypt

Egypt offers incentives for non-banking financial activities aimed at supporting women

FRA granted non-banking financial activities companies 50% reduction in development fee or…

Daily News Egypt

Egypt records industrial growth of 6.3% in FY 2019/20

Country sees investments in industry reaching EGP 49bn in FY 2019/20

Shaimaa Al-Aees

Jordan’s Capital Bank acquires Lebanon’s Bank Audi units in Iraq, Jordan

Accordingly, these acquisitions will increase the consolidated assets of Capital Bank to…

Xinhua

Finance Ministry extends real estate tax returns submission until March 2021

Egypt’s Minister of Finance Mohamed Maait has agreed to extend the submissions…

Daily News Egypt

Public investments in Sohag, Qena rise 62% in FY 2020/21: Planning Minister

Latest data on Egypt’s income, spending affirms success of country’s poverty reduction…

Daily News Egypt

Central Bank of Egypt extends measures to contain COVID-19 repercussions until June 2021

Extension reflects CBE’s keenness to protect national economy, preserve gains of reform

Hossam Mounir