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

EBA asks members to raise COVID-19 prevention awareness

Private sector to support its employees in many ways, says EBA’s chairperson

Hagar Omran

Listed companies turn to share buybacks to compensate for EGX losses due to coronavirus

These companies include Palm Hills Developments, Eastern Company, Orascom Development Holding, GB…

Alyaa Stohy

Free 3,000 minutes, 10 GB mobile internet for Egypt’s medical staffs at quarantines

This serves as a token of gratitude to the medical staffs who…

Mohamed Alaa El-Din

Fawry’s co-founder to establish $25m FinTech-focused VC fund

Fund’s promotional campaign to start after coronavirus crisis ends

Alyaa Stohy

CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative

Initiative allows access to subsidised loans at declining 8% interest rate

Hossam Mounir

Cabinet discusses irregular employment situation amid coronavirus precautions

Transportation Ministry to increase number of metro trains to ease crowding

Daily News Egypt

Misr Hotels pushes Safir Dahab resort opening to end-2020

Hotel development is at 62%, temporarily delayed due to coronavirus

Alyaa Stohy

EBI launches remote evaluation services for bank employees

Evaluation covers technical knowledge, English language tests, behavioural assessment, says Nosseir

Hossam Mounir

Ministry of Agriculture, ABE cooperate to support poultry farmers, milk collection centres

The protocol was signed by Alaa Farouk Zaky, Chairperson of the bank…

Hossam Mounir

COVID-19 to severely hit economies of sub-Saharan Africa: IMF

Growth forecast in April’s regional outlook to be significantly low

Hagar Omran