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

EGX correction expected to dominate performance pending new stimuli

EGX30 targets support level of 10,800 - 10,970 points this week

Alyaa Stohy

World Bank cancels undisbursed funds for Lebanon’s Bisri Dam project

Cancellation is due to non-completion of preconditions to commencement of construction on…

Shaimaa Al-Aees

Egypt to offer exceptional aid to over 12,000 tour guides amid COVID-19

EGP 500 grant will be presented to every tour guide for four…

Daily News Egypt

Finance Ministry signs 35 agreements to settle export subsidy arrears: Maait

First tranche of subsidy arrears worth EGP 400m to be paid to…

Mohamed Abdel Meguid

Egypt targets EGP 45.3bn of electricity sector investments in FY 2020/21: El-Said

Electricity sector is set to increase its production at current prices during…

Daily News Egypt

17 banks in Egypt report total EGP 18.565bn net profits in H1 2020

Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure…

Hossam Mounir

Homeowner location, unit layout preferences to change following COVID-19: Colliers

Incorporating open spaces in post-pandemic world adds to aesthetic appeal and will…

Daily News Egypt

EIB, NBE sign € 800m  Financing Agreement to ensure resilient post-COVID-19 recovery for SMEs

In a statement, the minister added that the agreement between the two…

Nehal Samir

Nahdet Misr develops AI-powered ‘Al Adwaa’ educational app

Company sees 79% increase in website traffic over past academic year due…

Mohamed Alaa El-Din

Participatory Budgeting first step to involve citizens in decision-making: Hala El-Said

It comes on the sidelines of a Wednesday seminar hosted at Alexandria…

Daily News Egypt