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

World Bank approves $400m to support Egypt’s Universal Health Insurance: Al-Mashat

Universal health insurance system, which will help Egyptians access the affordable health…

Daily News Egypt

Financial position of banks in Egypt up EGP 648.9bn in 1Q-3Q FY2020: CBE

Net foreign assets decline by EGP 171.5bn in March, foreign investments in…

Hossam Mounir

6 technology parks to be completed this year: CIT Minister

Communications, Information Technology Ministry to offer four digital services packages after piloting…

Nevine Kamel

YouTube launches AI-based music platform in Egypt

Platform takes user behaviour based on music they listen to and search…

Mohamed Alaa El-Din

US dollar appreciation against Egyptian pound deepens mobile market losses

Mobile prices also affected by higher shipping costs on back of global…

Mohamed Alaa El-Din

AFD allocates €15m to support Egypt’s COVID-19 fight

Funding will go to purchasing medical equipment, protection and prevention tools to…

Nehal Samir

Real Estate developers face changing customer tastes post-Covid-19

Less office space, greater home comforts potential new trends in customer real…

Shaimaa Al-Aees

Egyptian industry sees vast improvement under Al-Sisi presidency

Approvals, licences granted to establish and expand factories at EGP 44bn investments,…

Shaimaa Al-Aees

Further EGP 10bn allocated to FY 2019/20 budget against COVID-19

A report issued by the Ministry of Planning and Economic Development added…

Daily News Egypt

Egypt’s daily COVID-19 record-breaking spike continues with 1,691 cases, 97 deaths

Country's total confirmed cases stand at 46,289 with 12,329 recoveries   

Fatma Lotfi