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

Local currency deposits with Egypt banks up EGP 80.104bn in August: CBE

In a recent report, the CBE stated that demand deposits in local…

Hossam Mounir

Wholesale, retail trade contributes 13.6% to GDP in FY 2019/20: El-Said

Egyptian economy has managed COVID-19 crisis with resilience due to its structural…

Daily News Egypt

IC Group eyes sales of EGP 1.2bn as The Office project debuts

Ahmed Sherif, Sales and marketing Manager at IC Group, said that The…

Daily News Egypt

High EGX trading expected this week after awaited factory energy price cut

EGX to target 11,600 points level by end of October, says Aman…

Alyaa Stohy

BEBA holds 4th webinar on future of digital transformation in Egypt

The session was moderated by Hoda Mansour, Managing Director at German multinational…

Daily News Egypt

Azimut to launch fixed income fund in Egypt

Banque du Caire, Ahli United Bank will act as receiving banks for…

Daily News Egypt

EIB invests $22m in first closing of LCP Fund II

LCP Fund II is a generalist private equity fund that primarily targets…

Shaimaa Al-Aees

Egypt to see 2020 growth drop to 2%, rebound to 5% in 2021: EBRD

Country is only economy across all EBRD regions likely to escape recession in…

Daily News Egypt