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

Delta Sugar posts losses in Q3 of 2020 due to weak demand

The company’s gross margin plummeted to -17.0% versus 23.3% and 2.6% in…

Alyaa Stohy

ITI, Google sign agreement to train 30k youth on AI

The cooperation agreement was signed by ITI head Heba Salih and Matt…

Mohamed Alaa El-Din

Egypt, Ukraine discuss boosting economic, commercial cooperation

Abdel Aaty presented to the delegation, headed by the Deputy Director of…

Sami Hegazi

Egyptian remittances record $27.8bn in FY 2019/20: CBE

In a statement on Wednesday, the CBE added that remittances from Egyptians…

Hossam Mounir

FAB to resume negotiations for Bank Audi – Egypt acquisition

Bedir added that the two banks held fruitful discussions early this year,…

Daily News Egypt

Egypt, Japan discuss procedures to implement Cairo Metro Line 4

The Cairo Metro Line 4 will run from Giza's 6th of October…

Daily News Egypt

MSMEDA grants EGP 228m to labour-intensive projects in 11 governorates

The funding comes as part of the agreement’s activities, which the agency…

Daily News Egypt

Investors can apply for lump-sum payment of export subsidy dues in November: Maait

The initiative has been designed to provide exporters with cash liquidity required…

Daily News Egypt

Egypt, Ukraine outline 2021/22 entrepreneurship, investment cooperation path

Eighth session of Egyptian-Ukrainian Joint Committee for Economic, Scientific, and Technical Cooperation…

Nehal Samir

Techne Summit expects 10,000 participants in 2020 hybrid edition

The Summit will take place from 7 to 9 November at the…

Mohamed Alaa El-Din