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

Sarwa Capital announces closing of its EGP 2.5bn inaugural Sukuk issuance

The proceeds will be used for further expansion of Contact Credit and…

Daily News Egypt

Russia plans to develop its own space station

Solovyov raised concern about the longevity of the International Space Station (ISS)…

Xinhua

46,000 taxpayers benefit from late fees on taxes waiver: Finance Minister

A total of 29,597 financiers and taxpayers got 100% waiver of late…

Daily News Egypt

Banque Misr, Al Ahly Capital acquire 40% stake in IBAG for money transfer

Mohamed El Etreby, Chairperson of Banque Misr, said that this partnership is…

Hossam Mounir

Government aims to enhance social protection programmes through development funds

During the meeting, they discussed the projects that are being implemented in…

Daily News Egypt

Kenya’s top lender to purchase Rwanda, Tanzania Banks

Kenyan lender said that in Rwanda, upon completion of the acquisition, the…

Xinhua

Zed Sports acquires majority stake in FC Masr

Company pumps EGP 1.5bn of investments into Zed FC

Shaimaa Al-Aees

Government to disburse irregular labourers’ aid early December

The disbursement of the finance comes in a bid to support this…

Daily News Egypt

ABE to launch temporary branch south Alamein to serve 1.5m feddan project

Permanent branch in same area to be set up soon and include…

Daily News Egypt

Hotel occupancy increases in Alexandria 5%, Sharm El-Sheikh 1% in Q3 2020: Colliers 

Additional 8,000 keys are expected to open in Egyptian market by full…

Nehal Samir