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

Manpower Ministry, Huawei discuss cooperation in training and modernisation

Discussions also took place on cooperation between the two sides to train…

Mohamed Alaa El-Din

MSMEDA, Banque du Caire contribute EGP 620m to finance 40,000 micro-projects

First contract worth EGP 500m will finance micro-projects,  second project for financing…

Hossam Mounir

US continues to support Egypt’s economic development: Ambassador Cohen

Washington backs Egypt’s request for emergency financial assistance from IMF

Daily News Egypt

COVID-19 threatens Egypt’s 2020 GDP growth: EBRD

Economy will see rebound of 5.2% in 2021, following sharp decline in…

Daily News Egypt

CBE’s Monetary Policy Committee convenes to decide on interest rates

Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…

Hossam Mounir

Oil prices climb after Saudi Arabia pledges further output cuts

Oil prices have recently been boosted not only by hopes that demand…

Xinhua

Edita reports revenues of EGP 83m in Q1 of 2020

Company's factory in Morocco will be inaugurated by year end, says Shams…

Alyaa Stohy

Silk Road Fund becomes 49% shareholder in ACWA Power

Deal confirms strength of economic relations between Saudi Arabia and China, says…

Mohamed Farag

Moody’s confirms Egypt’s B2 rating, outlook stable: Finance Minister

Government economic, monetary and financial reforms have provided solidity and flexibility

Daily News Egypt