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 to serve as financial advisor to MTI’s e-payment subsidiary IPO

Step comes on back of MTI’s merging of Masary and Bee e-payment…

Alyaa Stohy

Egypt smartphone sales to increase as schools return

Ministry of Education and Technical Education intends to rely extensively on technologies…

Mohamed Alaa El-Din

US dollar continues depreciation trend recording EGP 15.84

Egyptian pound keeps its position among best emerging market currencies against US…

Hossam Mounir

ICT Minister participates in panel interviews for EPLP candidates

‘Investing in human minds is main driver of development and innovation, says…

Mohamed Alaa El-Din

Property Gate contracts to manage, lease 480 units for developers

Company aims to increase number of units it manages or leases to…

Shaimaa Al-Aees

First Group invests EGP 2bn in Silva Sheikh Zayed project

Company plans to begin construction works at Silva in Q2 of 2021,…

Shaimaa Al-Aees

Softmills aims to invest in 3 startups as COVID-19 creates opportunities in tech: Founder

We are conducting financing round for TCB to attract $7m in financing,…

Mohamed Alaa El-Din

Faisal Islamic Bank reports 12.1% asset growth to EGP 108.701bn in July

Bank’s retail banking portfolio amounted to about EGP 1.205bn in June 2020

Hossam Mounir

GAFI, Benya discuss technological infrastructure development in Egypt

GAFI Chief stresses importance of private sector participation in state-implemented technological projects

Daily News Egypt

Ezdehar opens door for subscription to its $100m second investment fund

EBRD, EIB, CDC intend to contribute to new fund’s capital; IFC will…

Alyaa Stohy