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

Foreign exits from EGX topple government market-support incentives

Market expected to test support levels between 8500-9000 points, says MEDAF

Alyaa Stohy

EM sees record-breaking $83.3bn portfolio outflows in March: IIF

Equity and debt flows were -$52.4 bn and -$31.0 bn, respectively

Nehal Samir

NBE reports net profits of EGP 20.2bn in FY 2018/19

The bank’s total finances increased to EGP 1.6trn in June 2019, compared…

Hossam Mounir

Tourism Ministry allocates hotline for sector workers’, tourists’ inquiries

Al-Assi said that calls can be made all the week, even during…

Daily News Egypt

Banks tighten COVID-19 precautions following cases detected in some branches

CBE stresses importance of using electronic payment channels to limit virus spread

Hossam Mounir

HDB extends Hassan Ghanem’s tenure as Chairperson, Managing Director for 3 years

Bank's consolidated net after-tax profits reach record high of EGP 2.2bn in…

Hossam Mounir

CBE abolishes sales cap on beneficiaries of its EGP 100bn industry support initiative

The CBE added that the decision aims to maximise the benefit of…

Daily News Egypt

COVID-19 changes world priorities: EABA

Countries to prioritise health and food security over military issues, says Abdel…

Hagar Omran

Working capital financing affected by ongoing COVID-19 pandemic: Pharos

Capital adequacy ratios may come under pressure if COVID-19 persists

Alyaa Stohy

EIB to create €25bn pan-European fund supporting European economy

EIB Group’s coronavirus response will support financing of up to 1.5% of…

Shaimaa Al-Aees