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

Egypt economically strong in face of COVID-19, reforms ongoing: International Cooperation Minister

Country’s economic reforms enabled education sector to overcome pandemic’s challenges by shifting…

Daily News Egypt

New contract regulations guarantee financial rights within 30 days: Finance Ministry

The law, which also outlines executive regulations regarding these contracts, stipulates that…

Daily News Egypt

World turns to eco-friendly jewellery: Hicham Aguedach

Jewellery is mass of feelings that address mind and soul, and this…

Walid Farouk

EIB grants €1.9bn to support Egypt’s public transport, business investment

The EIB has approved €16.6bn of new financing for projects across Europe…

Shaimaa Al-Aees

COVID-19 pushes Egypt’s health sector towards digital transformation

Dar Al-Fouad Hospitals investing EGP 200m in digital transformation, preparing to launch…

Alyaa Stohy

Afreximbank grants $3.55bn to Egypt banks amid COVID-19 response

Afreximbank elaborated that the $3.55bn support has been provided to the Central…

Shaimaa Al-Aees

26% of SMEs suspends activities during January-May due to COVID-19: Report

In some countries, this percentage increased to as high as 50%, as…

Alaa Haggag

Egypt’s microfinance market records EGP 17.866bn in Q1 of 2020

About 2,456 customers benefited from nano-finance products, with total EGP 577.3m in…

Hossam Mounir

FRA to approve securitisation bonds worth EGP 500m

Securitisation bond issuances expected to reach EGP 20bn before year-end, says Abdel…

Alyaa Stohy

Schneider Electric Inks $290m deal to optimize Egypt’s electricity network

Egyptian Electricity Holding Company signed an agreement with Schneider Electric to build…

Daily News Egypt