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

Palm Hills achieves 55% quarterly sales growth, highest H1 new sales in Egypt

Upcoming securitisation transactions to account for EGP 1.5bn in gross receivables portfolio…

Alyaa Stohy

Egypt’s GB Auto, China’s Higer sign deal for local bus assembly franchise

Higer and GB Polo expected to drive localisation of electric, diesel, and…

Alyaa Stohy

Egypt’s external debt decreases to $111.3bn in March 2020: CBE

Bank deposits up by EGP 84.837bn, loans rise by EGP 42.409bn

Hossam Mounir

Egypt ministerial meeting discusses waste-to-energy finance

WTE occurs by burning waste in specialised incinerators without need to separate…

Daily News Egypt

Reconciliation over building violations won’t be extended after September: PM Madbouly

Immediate removal of construction violations that have not been reconciled will begin…

Shaimaa Al-Aees

Egypt signs $2bn conventional, Islamic facility to finance budget deficit

According to a Ministry of Finance statement, on Monday, the facility was…

Shaimaa Al-Aees

Egypt launches national trial of digital platform for government services

New platform offers 70 government services, including food rations and vehicle licensing

Yara El-ganiny

Egypt upgrading petrol-powered vehicle to CNG targets mass transportation: Kayan

Egypt’s long-term auto strategy focuses on local manufacture of electric vehicles, says…

Yara El-ganiny

Egypt private sector ready to participate in vehicle conversion to CNG initiative 

Government needs to increase natural gas stations, to keep pace with nationwide…

Zamzam Mostafa

General Traffic Department denies changes to traffic citation

Source debunked social media rumours on alleged changes to traffic violation fines

Yara El-ganiny