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

Banks in Egypt discuss fate of interest rates following CBE’s cut

Yield of some savings certificates, loan products automatically decreases by 0.5%, while…

Hossam Mounir

CBE expects inflation to average under 6% in Q4 2020

Interest rate cut currently provides adequate support for economic activity, consistent with…

Hossam Mounir

HDB records EGP 1.9bn in profit before tax during 9M 2020

Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson

Hossam Mounir

TikTok granted 15-day extension to reach deal with US buyers

Earlier US President Donald Trump issued an executive order banning transactions with…

Xinhua

Sharm El-Sheikh, Hurghada receive 430,000 visitors since tourism resumption

60% of hotels in Egypt have received health, safety certificate to reopen:…

Nehal Samir

Grand Egyptian Museum to be ready next June, but opening ceremony in H2 of 2021: Al-Anani

His remarks came on Thursday, during his speech at the week-long virtual…

Nehal Samir

Egypt ranks 56th on Government AI Readiness Index

The index, issued by global consulting firm Oxford Insights and the International…

Mohamed Alaa El-Din

Egypt-UK trade agreement expected by 2020 end: Jeffery Donaldson

‘Egypt is UK’S gateway to Africa, and we will continue to prioritise…

Nehal Samir

SODIC records over EGP 5bn in sales in 10M 2020

The company’s projects in west Cairo accounted for 60% of total gross…

Daily News Egypt

Egypt President, Greece Energy Minister explore cooperation opportunities

Al-Sisi discussed with Hatzidakis bolstering bilateral cooperation in the energy field, in…

Daily News Egypt