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

Oriental Weavers invest $10m in new expansions to boost sales

Oriental Weavers revenues for fiscal year (FY) 2019 came in at EGP…

Alyaa Stohy

Egypt’s trade deficit decreases 10.8% to $3.45bn in December 2019: CAPMAS

Exports of crude oil, ready-made clothes, plastics, fruits have increased, says report

Daily News Egypt

PHD eyes EGP 1.2bn securitisation issuance in 2020

Palm Hills Developments sales grow 20% YoY to record EGP 14.9bn in…

Alyaa Stohy

Egypt, WBG discuss expanding cooperation fields through future strategic partnership

Malpass optimistic about next wave of structural reforms

Hagar Omran

NBE, EGOTH sign EGP 435m financing agreement to renovate Mena House Hotel

Project’s total cost is EGP 580m, NBE contributes 75% over 7 years

Hossam Mounir

HC expects an average inflation rate of 7.7% in 2020

Firm sees 200 bps interest rate cut, EGP to slightly depreciate to…

Hossam Mounir

Intercom Enterprises targets EGP 400m technology solutions sales in 2020

The banking and government sectors are the most beneficiaries of the company’s…

Mohamed Alaa El-Din

Rome: open museum city

Rome has a special place in the heart and the memory of…

Nehal Samir

Deezer to provide collection services via Fawry Pay

Okasha added that with the increasing demand for Deezer, it has become…

Mohamed Alaa El-Din

Suez Canal Bank’s profit reach EGP 542.2m by end of 2019

Deposits up by EGP 5.5bn, loans increase by EGP 1.9bn in one…

Hossam Mounir