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

Economists present options for footing COVID-19 bailout bill

Pandemic fallout may see greater digitisation and resilience of healthcare, less globalisation…

Shaimaa Al-Aees

EGEMAC to start operations of 5 power transformer stations within weeks

This will see the El Hay El Motamayez and Sadat transformer stations…

Mohamed Farag

Egypt’s long-term healthcare sector vision remains positive despite COVID-19: Renaissance Capital

Stock prices drop since start of 2020 is attractive investment opportunity, says…

Daily News Egypt

BAT working on potential covid-19 vaccine through US bio-tech subsidiary

Candidate vaccine is not commercial; we are willing to work with any…

Daily News Egypt

Egypt still able to meet financial obligations despite Covid-19: Moeit

Any potential postponement of financial obligations, however, must be through regional and…

Daily News Egypt

GLC, Fawry cooperate to offer EGP 500 grants to painters

Workers will receive short SMS text message once grant can be collected

Daily News Egypt

CIB net income down 9% to EGP 2.4bn in 1Q 2020

ROAE records 19.6%, ROA 2.5%, net profit decreases 9% y-o-y

Daily News Egypt

Egypt’s non-oil private sector sees record decline due to COVID-19: PMI

Private sector companies generally confident economy will reopen soon

Daily News Egypt

China is your partner, not your enemy

Instead, it was full of hostility towards China, groundlessly trying to demonise…

Han Bing