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

Egypt pays EGP 6bn in export subsidy arrears for FY 2019/20

Additional EGP 7bn allocated to support Egypt’s exports in FY 2020/21 budget,…

Daily News Egypt

Egyptian exports to US increase 27.5% in 2019: CAPMAS

Egyptian exports to US equivalent to 7.2% of Egypt's total exports in…

Hossam Mounir

Egypt reports strong cement sales recovery in June

June’s improvement follows on from one of the lowest monthly sales run…

Alyaa Stohy

HHD presents new land development plan to government

HHD, SODIC in negotiations to reschedule payment of minimum guarantee on New…

Alyaa Stohy

German FM welcomes extension of EU summit on COVID-19 crisis package

The necessary extension of EU summit also showed that "enormous efforts" were…

Xinhua

Raya Holding approves NBE acquisition offer for Aman minority stake

NBE to acquire 24% in two months, says Khalil

Mohamed Alaa El-Din

CFCM, Premium Card to offer shoppers 0% interest instalment programme

According to the new venture, scheduled to be launched by mid-August, Premium…

Daily News Egypt

Trilateral cooperation protocol to develop New Valley’s irrigation systems

The tripartite cooperation will see the conversion from the currently used flood…

Hossam Mounir

New facilities to remove levy on taxpayers’ bank accounts: CBE

This is applicable on natural or legal persons regardless of their activity.…

Hossam Mounir

Cairo’s real estate market remains stable despite pandemic in Q2 of 2020

Egyptian government continues to support sectors most impacted by pandemic, with initiatives…

Shaimaa Al-Aees