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

Beni Suef is emerging manufacturing hub in Egypt: South Korea Ambassador

The governorate hosts mega industrial projects including those set up by Samsung…

Nehal Samir

Egypt’s real GDP to reach 6.4% in FY 2021/22: IMF  

IMF downgrades expectations for Egypt’s FY 2020/21 financing needs to $42bn, up…

Nehal Samir

EGX launches account aggregation system for Egypt’s SME market

New system facilitates institution ability to deal with shares in Egypt’s SMEs

Alyaa Stohy

Elsewedy agrees to establish EGP 355.5m transformer station in Menoufiya

Project is scheduled for delivery within 14 months from date of signing…

Alyaa Stohy

Ain Sokhna Port to open 2nd basin within few months: SCZone Chair

During the meeting, the two sides reviewed projects related to the Ain…

Mohamed Abdel Meguid

FRA approves Wafa Life Insurance Egypt’s licence for life, health insurance

Egyptian market operations boasts EGP 150m in shareholder equity

Daily News Egypt

Egypt, Poland discuss increased bilateral tourism cooperation 

Egypt temporally exempts inbound tourists heading to Red Sea, South Sinai of…

Daily News Egypt

Egypt, Indonesia to form joint committee for trade exchange

Indonesia is one of most economically significant countries in Southeast Asia, and…

Daily News Egypt

Egypt’s credit rating reflects resilience to financing shocks supported by liquidity buffers: Moody’s

Track record of effective fiscal, economic and debt management also reflects positively…

Mohamed Abdel Meguid

Egypt to offer EGP 229.75bn in T-bills, bonds over September

CBE to offer 20 bids for T-bills, on behalf of Egyptian government,…

Hossam Mounir