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 MSME financing records EGP 181bn since January 2016: CBE

MSME initiative was launched by the CBE in January 2016. It has…

Daily News Egypt

Egypt provides EGP 317m in aid for 275k workers affected by COVID-19

Financial aid is implementation of presidential directives to disburse regular workers’ salaries…

Daily News Egypt

Finance Ministry to offer EGP 185bn worth T-bills, bonds in July

Move is to fill chronic budget deficit during Q1 of FY 2020/21

Hossam Mounir

ACUD, Alliance Worldwide Consortium partner in 600-feddan development project

Project will see ACUD take 55% stake, against 45% for AWWC, says…

Shaimaa Al-Aees

487 hotels, resorts across Egypt receive health, safety certificate

30 diving centres, 13 yachts, and 4 marine activity centres also receive…

Daily News Egypt

CIAM targets EGP 10bn asset management portfolio year-end

We intend to bring our electronic expertise to funds we manage, similar…

Alyaa Stohy

SCB chief reveals details of EGP 250m cash investment fund launch

New fund provides effective tool in cash management field, provides tax benefits,…

Hossam Mounir

Egypt sees 13.5m mobile wallets end-May: NTRA

According to the report, deposits, cash withdrawals, and transfers were the top…

Mohamed Alaa El-Din

Challenges and prospects for Egypt-US economic ties amid coronavirus

On America’s Independence Day, how far will Cairo-Washington trade grow under pandemic…

Nehal Samir

Banks in Egypt switch to IBAN standard to ease cross-border transactions

IBAN used in international transfers, standard method for accurate identification of bank…

Hossam Mounir