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

FRA to launch Egypt’s first actuarial table for life insurance industry

Egyptian insurance companies reported EGP 35.2bn in total premiums in June 2019

Alyaa Stohy

Egypt needs to reallocate substantial financing for marketing to drive local demand: EJB

Country has to work out greater cooperation to overcome challenge of COVID-19,…

Daily News Egypt

Fawry raises capital by EGP 400m to finance expansions

The capital raise will take advantage of favourable markets conditions, whilst helping…

Alyaa Stohy

COVID-19 sees varied market impacts of profits, losses on Egyptian companies

Pharmaceutical, chemicals, food, communications sectors achieve profits, whilst industrial, real estate, tourism…

Alyaa Stohy

Egyptalum pressurised by falling exports, lower prices  in Q4 of FY2020

Company invests about EGP 900m in productive cell overhaul operations

Alyaa Stohy

WE Applied Technology School opens admission for 4 technical majors

The school was redeveloped and renamed from the El-Shaheed Amr Moustafa Industrial…

Daily News Egypt

Eateries in new cities exempted from usufruct fees during COVID-19 closure

The decision covers all eateries and cafeterias in NUCA-affiliated new cities, and…

Daily News Egypt

Digital Future initiative aims to develop local companies’ competitiveness

This comes in light of the special circumstances Egypt is going through…

Mohamed Alaa El-Din

Gold rises to 9-year high, strong expectations for continued rise

Gold remains safe haven in light of continuing global storms, says Abdel-Aal

Hossam Mounir

Digital transformation in banking no longer luxury: Credit Agricole’s Finas

After coronavirus, digitalising financial services become necessary to ensure customers’ comfort, safety,…

Hossam Mounir