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

SCZone reports EGP 9.4bn in revenues from 6 seaports

Developing power stations in partnership with industrial developers costs EGP 4.4bn, says…

Daily News Egypt

Industry Ministry finalises Alexandria’s Mergham 2 Plastics Industries Complex

MSMEDA has made EGP 10.6m worth of finance available to 13 customers,…

Shaimaa Al-Aees

Electronic tax invoicing on trial starting 30 June

Centralised system enables Egyptian Tax Authority to monitor all commercial transactions between…

Daily News Egypt

Egypt repays over $20bn worth external debts in 4 months

In statements to the Middle East News Agency (MENA), the source added…

Daily News Egypt

Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months

Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…

Hossam Mounir

IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt

New IMF arrangement aims to help Egypt cope with the challenges posed…

Nehal Samir

EBRD, UNWTO join forces to boost tourism recovery

The rapid spread of the novel coronavirus (COVID-19) has had a significant impact on…

Daily News Egypt

Palm Hills borrows EGP 365m from AAIB, Banque Misr to finance Hacienda Bay

The syndicated credit facility will partially finance the investment cost of Hacienda…

Alyaa Stohy

Rameda receives export requests for its COVID-19 drug Anviziram

The pharmaceuticals firm awaits the Egyptian Ministry of Health’s approval to export…

Alyaa Stohy

Google Maps gives five steps to support small businesses amid coronavirus

As we head into Micro, Small and Medium Enterprises Day on 27 June, Google…

Mohamed Alaa El-Din