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

Tagerly launched as first “drop shipping” platform in Egypt

Platform allows users to buy in bulk and resell products from the…

Mohamed Alaa El-Din

HHD to complete amendments of development plan next week

Public Enterprises Sector Minister to approve HHD development plan in two weeks,…

Alyaa Stohy

EBRD approves $50m loan for Gulf of Suez wind farm

The plant is to be located in the Gulf of Suez, approximately…

Shaimaa Al-Aees

Egypt allocates EGP 258.5bn to health sector in 2020/21 budget

Allocations for pre-university education sector come to EGP 241.6bn, higher education EGP…

Nehal Samir

CBE allows banks to acquire uncapped stakes in payment companies

Banks to provide full data on the company to which they are…

Hossam Mounir

International confidence in Egyptian economy induced by internal reforms: Hala El-Said

This came in a report of the Ministry of Planning and Economic…

Daily News Egypt

Egypt only MEA country to retain confidence of big credit rating agencies: JP Morgan

Egypt’s Finance Minister Mohamed Maait said the economic reforms that the political…

Daily News Egypt

Suez Canal revenues record $27.2bn in five years

Since start of pandemic, Suez Canal’s revenues have reached $3.3bn

Daily News Egypt

Subscription to Suez Canal Bank’s investment fund reaches EGP 338.7m

The oversubscribed offering raised about EGP 338.7m, representing 136% of the targeted…

Hossam Mounir

Egyptian government explores employment opportunities for repatriated expats 

Minister of Trade and Industry Nevine Gamea, and governors of the Red…

Daily News Egypt