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

EFG Hermes reports EGP 4.8bn revenues, 36% y-o-y net profit increase to EGP 1.4bn in 2019

Revenue growth of 20% y-o-y was supported by strong results at both…

Daily News Egypt

Limited interest rate reductions on banks’ certificates despite CBE  rate cut 

NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…

Hossam Mounir

Limited positive impact on fiscal maneuverability after rates cut, yet downside risks remain: Beltone

Beltone analysts maintain average inflation expectations of 6.5%, which should keep headline…

Doaa Elboraie

Easyjet to repatriate British travellers despite Egypt’s air travel suspension over coronavirus

We're very aware how frustrating British citizens situation, says UK ambassador

Hagar Omran

Sharm El-Sheikh hotels will not accept reservations from 19 to 31 March: South Sinai Governor 

Governorate suspends provision of Shisha, tourism facilities violating decision will be closed…

Nehal Samir

Oil drops below $25/barrel for first time since 2003

Increase in Saudi oil exports leads to excess supply, says Medhat Youssef

Mohamed Adel

Madbouly, Health Minister follow up on anti-Coronavirus measures

Total 207,615 people diagnosed with COVID-19 globally, of whom 8,249 died 

Daily News Egypt

Sales of Arabs, foreigners push EGX30 down by 4.8%

EGX keeps dwindling despite tax incentives, interest rates slash

Alyaa Stohy

NBE cooperates with Fawry to provide 43,000 POSs for shopping

Karim Soos, Retail Risk Group Head at NBE, said the bank seeks…

Daily News Egypt