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

Remittances to MENA in 2020 to fall 19.6% due to COVID-19: WB

Decline attributed to lower oil prices in GCC, global slowdown, says report

Hagar Omran

Prime Minister Madbouly asks local manufacturers to increase raw materials production 

Current crisis is perfect time for local industry to strengthen its position…

Shaimaa Al-Aees

3 mobile operators to provide ventilators, medical supplies to quarantine hospitals

The personal protective equipment will include protective clothing, medical masks, face and…

Mohamed Alaa El-Din

Tourism Ministry inspects tourism restaurants, facilities on first day of Ramadan

The inspections, which came on the first day of Ramadan, took place…

Daily News Egypt

CIB acquires 51% of Kenya’s Bank Mayfair in $35.35m  deal

The deal reflects our commitment to increasing trade between African countries, says…

Hossam Mounir

CBE highlights banks’ financial safety indicators

Bank profits reached EGP 83.184bn at end of December: CBE

Hossam Mounir

Beltone sells US subsidiary Auerbach Grayson to focus on Egyptian market

Beltone said in a statement on Thursday that the agreement will be…

Daily News Egypt

Parliament approves MSMEs Law

The law also put in place flexible, new and updated mechanisms to…

Hossam Mounir

EGX rises 3.26% with market capitalisation up EGP 11.2bn

The market capitalisation rose by EGP 11.2bn to EGP 555.3bn after the…

Daily News Egypt