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

2021 debt-to-GDP to reach around 65% in emerging markets: IMF

Georgieva mentioned that where debt is unsustainable, it should be restructured without…

Nehal Samir

MSMEs make up 80% of African economy, employ 70% of total population: COMESA

Venkatasamy’s remarks came during the Financial Services Regulators Sub-regional Stakeholder Meeting that…

Daily News Egypt

Sustainable finance poised for growth in Middle East: HSBC survey

Middle East sustainable finance market is at an earlier stage of development…

Daily News Egypt

FRA approves HeidelbergCement’s MTO for acquisition of Suez Cement

The FRA also approved a MTO submitted by Suez Cement, which is…

Alyaa Stohy

Al Tawfeek for Financial Lease starts factoring activities

According to the company’s disclosure to the Egyptian Exchange (EGX), this comes…

Alyaa Stohy

UPP Capital in advanced talks to re-acquire 12.25% of Palm Hills

The announcement was made in UPP’s official financial statements for the third…

Alyaa Stohy

Egypt is only emerging, developing economy to achieve positive growth: Maait

Country is only MEA region economy to retain confidence of all global…

Daily News Egypt

Emerging, developing countries need estimated $2.5trn to meet needs: IMF

G24 calls for increased debt transparency, focus on growing financing needs of…

Nehal Samir

Deutsche Bank: Is Egypt the new darling of emerging markets?

Economic growth will continue despite shock of COVID-19 pandemic

Daily News Egypt

IMF’s 2021 growth projections for MENA worse than global average: Georgieva

More troubling, however, is the fund’s projections for 2021, which will see…

Nehal Samir