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

realme officially launched realme X3 SuperZoom in Egypt, the best flagship smartphone under EGP 10,000

realme leads the smartphone market with 4 revolutionary products catering to modern…

Daily News Egypt

AU agency launches program to assist African MSMEs

As Africa faces socio-economic uncertainties brought by COVID-19, the AUDA-NEPAD MSMEs Academy…

Xinhua

BLOM Bank to conduct due diligence on selling Egypt unit

Several banks have shown interest in buying BLOM Bank – Egypt, but…

Hossam Mounir

Egypt-India trade reaches $4.53bn in FY20 despite COVID-19: Ambassador Kulshreshth

Indian investments in Egypt total over $3.3bn in broad range of sectors

Nehal Samir

Egypt’s real GDP growth projected to reach 6.5% in FY 2021/22: IMF

Inflation expected to jump to about 8% on average in FY 2020/2021,…

Nehal Samir

Pandemic key driver in accelerating digital transformation: IBM Country Manager

If Egypt had not upgraded Internet infrastructure in last 18 months, it…

Nehal Samir

LNG is 86 times more environmentally harmful than conventional fuels: ICCT

Study compared greenhouse emissions from LNG, MGO, low-sulphur fuel oil, and heavy…

Ahmed Hassan Abdel Karim

Egypt automotive seeks recovery from COVID-19 fallout

Hope, however, is gradually returning to the automotive market, with the gradual…

Zamzam Mostafa

Auto sector in Middle East: Loaming dreams and scattered hopes

Construction sector suffers short-term blow, Egypt’s heavy truck sales decline 8.4% y-o-y

Ahmed Hassan Abdel Karim

Banque du Caire arranges EGP 670m syndicated loan to Marakez

Loan to finance 50% of total estimated investment cost of Mall of…

Hossam Mounir