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

HSBC’ economists forecast 2.4% GDP growth in Egypt in 2020: Regional CEO Tricaud

GCC economies to shrink on average by 5.6% y-o-y in 2020, before…

Hossam Mounir

Egypt’s urban inflation rises to 3.8% in September: CAPMAS

Whole country’s CPI recorded 107.5 points for September

Hossam Mounir

South Korea Embassy in Egypt to mark International Day of Girl Child 

The day aims to promote girls’ empowerment and the fulfilment of their…

Nehal Samir

30% drop in stationery, school supplies sales due to COVID-19

Egypt government held ‘Hello Schools’ exhibition in September to provide school supplies…

Shaimaa Al-Aees

Government allocates EGP7.1 bn to commodity, service agencies in September

The beneficiaries of the urgent finance include: the General Authority for Supply…

Daily News Egypt

25 candidates from 18 countries compete in AU Commission elections

Amani Abu Zeid is only Egyptian candidate in AU election race, says…

Daily News Egypt

Eitesal launches innovation competition in memory of ex-Minister Tarek Kamel

The winner will take home a prize valued at EGP 100,000, with…

Daily News Egypt

DETGD to launch retail automation initiative in January 2021

The initiative’s first phase will take place in cooperation with the Information…

Mohamed Alaa El-Din

EBRD increases annual funding for 2021-2025 economic recovery plan to €13bn

Bank’s new strategy will focus on accelerating post-COVID-19 recovery, strengthening private sector…

Nehal Samir

CBE establishes EgyCash for technological cash solutions

CBE contributes up to 35% of new company’s capital, while NBE, Banque…

Daily News Egypt