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

Central banks lose over $175bn of FX reserves due to COVID-19

Egypt’s banking sector has survived decline in foreign investments, reflecting economic stability

Daily News Egypt

ITIDA to disburse further cash incentives to IT Exporters

A total of 52 companies have benefited from the programme so far,…

Mohamed Alaa El-Din

March storms increased poor communication quality nationwide

The NTRA’s announcement came as it released its March report which disclosed…

Mohamed Alaa El-Din

Spotify reports 22% Y-o-Y growth in revenue in Q1 2020

Total MAUs grew 31% Y-o-Y to 286 million, says report

Daily News Egypt

COVID-19 threatens main drivers of Egypt’s GDP growth: AmCham

Country’s economy grew by estimated 5% in Q1 2019/20

Hagar Omran

US dollar dips in volatile trading

Euro rose to 1.0951 US dollars from 1.0870 US dollar in the…

Xinhua

Public transport companies request government aid due to COVID-19

Public transport has been one of the sectors most affected by the…

Daily News Egypt

International Cooperation Minister Al-Mashat, private sector discuss economic challenges of COVID-19

Minister and representatives from international financial institution, private sector discuss mechanisms to…

Daily News Egypt

SKPC announces it is sticking to PP project plans

Naeem Research anticipates that the project’s equity portion is expected to be…

Daily News Egypt

Ministers follow up on digital transformation at universities

During the ministerial video conference, Abdel Ghaffar said the digital transformation in…

Mohamed Alaa El-Din