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

Alacademia.com for distance education launches with $2m investments

As Egypt witnessed a huge wave of digital transformation, Alacademia.com (The Academy)…

Daily News Egypt

Egypt’s headline inflation will decline to 4.9% in May: JP Morgan Securities

Standard Chartered raises its policy rate forecast to 9.25% for both FY20…

Daily News Egypt

Free digital platform supporting SMEs launched to tackle consequences of COVID-19

The initiative aims to provide SMEs with services to implement business continuity…

Mohamed Alaa El-Din

EEHC completes production unit maintenance before increased summer consumption

Local and international companies implemented maintenance programmes in preparation for summer

Mohamed Farag

Chinese State Grid adheres to contracts in Egypt despite COVID-19

The company has completed implementation of the Marsa Alam power transformer station,…

Mohamed Farag

Real estate developers more optimistic than brokers, consumers during COVID-19: Aqarmap

Developers to reduce marketing, construction costs during crisis by 50%-75%, says Aqarmap

Shaimaa Al-Aees

April inflation increased due to unfavourable base effects: CBE

Annual headline inflation increased due to higher annual food contribution which offset…

Daily News Egypt

NUCA Egypt bond wins top securitisation deal award

Authority has embarked on ambitious investment plan to develop several new cities…

Daily News Egypt

WBG grants Egypt $50m under new Fast Track COVID-19 Facility

Facility supports Egypt’s preparation efforts and healthcare system governance, says Minister Al-Mashat

Daily News Egypt

CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir