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’s microfinance market records EGP 17.866bn in Q1 of 2020

About 2,456 customers benefited from nano-finance products, with total EGP 577.3m in…

Hossam Mounir

FRA to approve securitisation bonds worth EGP 500m

Securitisation bond issuances expected to reach EGP 20bn before year-end, says Abdel…

Alyaa Stohy

Schneider Electric Inks $290m deal to optimize Egypt’s electricity network

Egyptian Electricity Holding Company signed an agreement with Schneider Electric to build…

Daily News Egypt

Facebook Community Accelerator selects 11 participants in Egypt

Following the call for applications in March 2020, 11 communities have been…

Daily News Egypt

Egypt’s venture capital remains most active in MENA region

The total number of deals in MENA increased by 2% during H1…

Mohamed Alaa El-Din

Egypt’s El Ezaby Pharmacies targets regional expansion by 2023

El-Ezaby Pharmacies to cover all Egypt’s governorates with 195 branches by 2020…

Basma Tharwat

Financial position of banks in Egypt up to EGP 6.421trn in April: CBE

Total deposits up by EGP 92.4bn, total loans rise by EGP 91.9bn

Hossam Mounir

MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister

Gamea explained that the agency is keen to meet with governors and…

Hossam Mounir

WFP, South Sudan sign deal to implement agriculture master plan

Matthew Hollingworth, WFP country director said WFP bought 8,000 tons of food…

Xinhua

El Gouna sales increase 22.1% in Q2 of 2020: Orascom

ODE noted that demand for El Gouna remained strong, recording a boost…

Shaimaa Al-Aees