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

Egypt faces two economic scenarios due to COVID-19 impact: Hala El-Said

Government investments increase to EGP 595bn to compensate for slowing of private…

Mohamed Samir

Sheeni partially suspends activity to avoid inventory accumulation

Company’s ceramic, porcelain factories remain operational

Alyaa Stohy

Egypt’s digital start-ups well positioned to respond to COVID-19: OBG

While the pandemic creates significant headwinds across the economy, several funds are…

Daily News Egypt

Egypt seeks to mitigate COVID-19 impact via international cooperation: Al-Mashat

Crisis has driven structural reforms relating to social protection, informal labour, and…

Hagar Omran

Moody’s maintains Egypt’s B2 credit rating, stable outlook 

CBE measures in recent weeks strengthen Egyptian economy, says credit rating agency

Daily News Egypt

Nasser Social Bank issues savings certificate for healthcare professionals

New certificates will have annual 15.5% yield from date of issuance

Hossam Mounir

GAFI allows online booking for investor services: Executive Director

Face-to-face appointments available following online appointment bookings, precautionary measures remain in effect

Daily News Egypt

Parliament’s planning and budgeting committee approves Income Tax Law draft amendments

Draft law to see a raise in base personal tax exemption level…

Mohamed Samir

103 countries approach IMF for COVID-19 emergency finance

Fund’s executive board to consider half of requests by end-April, says Georgieva

Hagar Omran