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 bank deposits increase EGP 88.589bn in September: CBE

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

Hossam Mounir

Road technology can improve Egypt’s traffic safety: EJB Representative

Makhlouf, who is also CEO of BOOST Consulting Company, also said that…

Daily News Egypt

COVID-19 has cost tourist destinations 3x more than 2008 financial crisis: IIF

In its latest report on tourism, in which it made use of…

Daily News Egypt

Egypt’s Tourism Minister, CDWS discuss cooperation in marine recreation activities

The cooperation will look to develop Egypt’s diving and marine activities, in…

Daily News Egypt

Finance Ministry to issue EGP 196.5bn worth T-bill, bond tenders in November

The offering comprises 16 tenders for T-bills worth EGP 158bn, and 10…

Hossam Mounir

EBRD grants Banque du Caire $50m loan to support MSMEs

The loan will assist the Egyptian bank in developing its MSME lending…

Shaimaa Al-Aees

Amlak Finance acquires 16.5% of mortgage finance market in Egypt

The latest figures compared to the total funds granted in 2019, amounting…

Daily News Egypt

Al-Mashat affirms Egypt-Iraq collaboration on strategic integration in various fields

The closing meeting of the Egyptian-Iraqi Joint Higher Committee, on 31 October,…

Daily News Egypt

Capital Link introduces Verona project at NAC

The company’s Chairperson Ashraf Badea said that Verona is located on an…

Shaimaa Al-Aees

ADIB-Egypt introduces innovative ‘Beat’ contactless payment device

Device to use contactless technology allowing customers to quickly, easily, and securely…

Hossam Mounir