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

Dice reports significant losses in Q1 of 2020, likely from weak exports

The company reported that net revenues stood at EGP 260.2m, down 40%…

Alyaa Stohy

Hilton Cairo Zamalek Residences receives health and safety certificate   

The hotel is now licensed to receive guests up to 50% of…

Daily News Egypt

No current plan for debuting EFG Hermes Finance on stock market: Group’s MD

Recovery from coronavirus crisis could take up to 18 months: Head of…

Alyaa Stohy

EFG Hermes plays lead role in boosting EGX gains

Market capitalisation up by EGP 10.6bn, EGX30 up by 2.55%

Alyaa Stohy

Novartis remains committed to supporting Egypt’s COVID-19 fight

Pharmaceutical company announces formation of $40m global Novartis COVID-19 Response Fund

Daily News Egypt

No new taxes on consumer goods purchased online, in shops: Finance Minister

Maait issues decision to establish unit to follow up on tax collection…

Daily News Egypt

Unemployment rate remains below 7.5% despite COVID-19: Planning Minister

IMF's growth forecast of 3% reflects confidence in Egyptian statistical capacities, says…

Daily News Egypt

Egypt extends closing date for new gold exploration bid to September

The bids cover the search for and exploration of gold and other…

Daily News Egypt

EFG Hermes, TSFE starts due diligence on aiBank to buy majority stake

Parties will subscribe to capital increase aimed at bank ownership of at…

Daily News Egypt

CBE reviews interest rate amid expectations to remain unchanged

No strong prospects for inflationary pressures off of rising electricity prices or…

Hossam Mounir