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

Naeem expects 4.6% decline in April headline CPI-U inflation

Anticipated decline is based on favourable base-year impact, food price consolidation

Daily News Egypt

CBE reveals February 2020 data for banks operating in Egypt

Financial position of banks operating in local market touches EGP 6trn, deposits…

Hossam Mounir

EGX launches new index EGX100 EWI to diversify market performance measurement

New index follows new methodology to better reflect performance of companies, says…

Shaimaa Raafat

MENA hotels expect recovery from Q4 of 2020: Colliers

Colliers’ MENA Hotels Quarterly Review report, released in 7 May, indicated that…

Daily News Egypt

UK’s CDC to seal $100m local health sector acquisition

Deal is first fund is implanting directly in Egyptian market

Alyaa Stohy

Digital banking on the rise owning to coronavirus push

Allowing self-registration for e-wallet services contributes to speeding up digital transformation of…

Hossam Mounir

CIB’s CVentures invests in UK’s Countingup to automate banking, accounting for small businesses

CVentures is excited at the prospect of working closely with Countingup, and…

Daily News Egypt

Steel markets further hit following COVID-19, oil slump

Sector’s preliminary recovery also hindered following bad 2019, local market dynamics provide…

Daily News Egypt

Egypt’s GDP to grow 3.5% in FY 2020/2021 if COVID-19 ends: El-Said

Ministers of Planning, Immigration hold videoconference discuss investments with Egyptian businesspeople abroad

Daily News Egypt

Lebanon has to accept IMF’s tough conditions in return for financial support: president

Lebanon has submitted an official request to the IMF for funds for…

Xinhua