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

Government agrees to disburse part of export subsidies to 41 companies

Export Development Fund disburses EGP 2.133bn in export subsidies from January to…

Shaimaa Al-Aees

Trade deficit down 51.4% in February: CAPMAS

Egypt’s exports rise by 3.3% to $2.69bn in same month

Daily News Egypt

Local cement sales in March remain surprisingly sturdy: Naeem Research

Informal sector reported strong performance in Q1 of full year 2020

Alyaa Stohy

JUFO conference call highlights stable demand, margins could improve

Absence of tourism sector, restaurant, café sales will be offset by increased…

Alyaa Stohy

Otlob launches employment initiative for trained workers affected by COVID-19

Otlob will accommodate a large number of qualified and experienced young drivers…

Mohamed Alaa El-Din

TSFE, Concord International sign MoU to establish $300m diversified healthcare fund

‘The Sovereign Fund of Egypt's role in attracting investments to such assets…

Daily News Egypt

Novartis Egypt, Sandoz support Health Ministry against coronavirus

Novartis has also collaborated with the ministry to run Egypt’s first coronavirus…

Shaimaa Raafat

IMC agrees to launch PV power station at Zagazig University

Supported by Egypt-PV, new plant to output 154 MW annually

Mohamed Farag

AXA Egypt leads responsible transformative services and supports vital community initiatives in response to COVID-19

Bringing about home-based and tele-consultation healthcare services, the company is spearheading the…

Daily News Egypt

Economists present options for footing COVID-19 bailout bill

Pandemic fallout may see greater digitisation and resilience of healthcare, less globalisation…

Shaimaa Al-Aees