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

Egypt’s food exports likely to decrease 30% due to COVID-19: FEC

Factories risk halting operations if coronavirus crisis lasts for three months, says…

Shaimaa Al-Aees

FEC urges CBE to reconsider cash withdrawal limit for companies

Instead, Berzi suggested that companies should no longer have these limits, since…

Shaimaa Al-Aees

Environment Minister follows up on GCF projects

The Enhancing Climate Change Adaptation in the North Coast and Nile Delta…

Daily News Egypt

Elsewedy to provide technological infrastructure to Tanzania’s Rufiji Dam

Project’s first phase to be completed by end of 2020

Daily News Egypt

Egypt considers new fund supporting tourism workers in times of crisis

The ministry said the lack of information prevents many workers from getting…

Daily News Egypt

Africa needs $114bn to fight COVID-19: financial institutions

Development, private sector partners mobilise up to $70bn, leaving $44bn financing gap

Daily News Egypt

Egypt calls for international action to maintain African food security

Egypt's Permanent Representative to the UN, said the meeting tackled food security,…

Daily News Egypt

NBE raises authorised capital to EGP 100bn, paid-up capital to EGP 50bn

Bank sees significant e-banking services expansion during FY 2018/19

Hossam Mounir

Chevron sells its Azerbaijani oil assets for $1.57bn

The American company also sold its 8.9% stake in the Baku, Tbilisi,…

Daily News Egypt

Lower Brent crude oil prices to positively impact Egypt’s hydrocarbon bill: BSAC

BSAC explores implications of COVID-19 on Egypt’s key sectors

Hagar Omran