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

Amer Group to issue EGP 1.25bn in securitisation bonds next month

The sources added that the company is currently finalising documents with the…

Alyaa Stohy

Elsewedy Electric signs EGP 846m contracts for Toshka transformer station

The contracts will see the Egyptian Electricity Transmission Company (EETC) construct the…

Alyaa Stohy

CBE to discuss fate of interest rate on Thursday

MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…

Hossam Mounir

Madbouly warns of overcrowding during ‘Black Friday’ shopping season

Second phase of House of Representatives elections ended with no major complaints,…

Daily News Egypt

Egypt’s GDP growth projected at 2.8%-3.5% in FY 2020/21: Finance Minister 

"The growth could be coming from many promising sectors which we are…

Nehal Samir

80% of Brightskies’ business executed outside Egypt: Chairperson

Elamrawi said that the remaining percentage of the company’s business takes place…

Mohamed Alaa El-Din

CI Capital reports total financing portfolio of EGP 12.3bn in 9M 2020

Company’s consolidated revenues stood at EGP 1.6bn during same period

Alyaa Stohy

TE, AMS-IX partner to establish EG-IX Internet Traffic Exchange Center

The centre will be located inside TE’s largest international data centre in…

Mohamed Alaa El-Din

EBRD grants €2bn to banks in Egypt for on-lending to SMEs during COVID-19

World faces at least three immediate challenges, namely supporting economic recovery, building…

Nehal Samir