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

Bavarian Group launches BMW’s X5 M50i in Egypt

Sheer engine power and interior comforts make the German brand’s latest model…

Daily News Egypt

Falling automotive demand could not limit US dollar revaluation’s impact on prices

Now is the time to buy new cars despite uncertainties surrounding the…

Yara El-ganiny

Banque Misr, FEI sign cooperation protocol to stimulate real estate financing

Banque Misr signed the protocol as part of its vision to stimulate…

Hossam Mounir

Egypt exempts industrial sector of EGP 5.3bn debts for natural gas consumption

Ministry submits proposals in August 2019 to schedule debt arrears by ceramics…

Shaimaa Al-Aees

El Sewedy, Mostakbal Urban Developments sign EGP 423.3m infrastructure contract

According to a company statement sent to the Egyptian Exchange (EGX) on…

Daily News Egypt

EGX-listed companies contribute EGP 80m to FRA income

Contribution from insurance companies amounts to EGP 255m, or 41.2%, of total…

Alyaa Stohy

1.2% increase in foreign employees in private, investment sectors during 2019

Of this figure, 81.8% were male workers, accounting for 12,236 of the…

Daily News Egypt

Opinion| Defeating COVID-19 with Solidarity and Cooperation

The sudden onslaught of COVID-19 has taken a heavy toll on countries…

Xi Jinping

Opinion| COVID-19 proves priority of accelerating digital economy

COVID-19 pandemic played major role in acceptance of digital transformation in Egypt,…

Saad Zaghloul

CIB to limit focus on latest Kenya acquisition, no further expansion planned

Bank equity shielded against currency weakness through $200m IFC, EBRD support loan…

Alyaa Stohy