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

STC willing to buy only Vodafone Group’s 55% stake in Egypt unit

Sources close to deal expect it will be officially closed by November

Alyaa Stohy

Egypt’s non-oil private sector sees in June slowest contraction under COVID-19

PMI reading for June increased 9.5% to record 44.6 points, up from…

Nehal Samir

Egypt’s universities, 365 Ecology partner for energy-efficient HVAC systems

The majority of these new projects are ultra-modern educational institutions that look…

Daily News Egypt

Egypt mobile prices increase 15% due to new NTRA fees, low imports

Companies such as Samsung, Oppo, Xiaomi have already raised their prices to…

Mohamed Alaa El-Din

Egypt, IsDB cooperate on 338 projects worth $12.8bn

Industrial sector in Egypt greatly affected by COVID-19 crisis, says Gamea

Shaimaa Al-Aees

Egypt banks see EGP 62bn increase in local currency deposits in May

NFA surplus with banks, CBE records about $5.3bn increase

Hossam Mounir

Opinion| How socially-led innovation can bring positive change in unchartered times

As the COVID-19 pandemic continues to unfold, it’s been inspiring to support…

Muhammad Nabil

CIB Egypt reserves hotel floor as quarantine for employees if needed

Bank adheres to state precautionary measures from the very beginning to prevent…

Hossam Mounir

CBE provides EGP 69bn in facilities to support industry, agriculture, contracting sectors

5 industries, including F&B and plastics, acquired 60%, or EGP 41bn, of…

Daily News Egypt

Egyptian consortium competes in transmission line tenders in Morocco

Several tenders already won by consortium in cooperation with local authorities, says…

Mohamed Farag