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

CBE to cut rates by 50-100bps at upcoming MPC meeting: Beltone

Beltone foresees inflation averaging 4.8% in 4Q19

Doaa Elboraie

Insight Real Estate debuts third phase of its projects in west Cairo

The company has sold its first and second phases with total sales…

Shaimaa Al-Aees

Lebanese students’ protest inspires FedSLEB to go on strike from Tuesday

The FedSLEB’s calls came amid the 26th day of ongoing anti-government protests…

Bassant Mohammed

OIH appoints Hisham Siblini as new COO in Orascom Telecom Lebanon

Siblini will head a newly created Operations Department, grouping all Commercial, Technology…

Daily News Egypt

Beta Egypt develops resale mechanism in collaboration with REMAX-RFM

REMAX-RFM signed protocols with banks to provide mortgage financing for Beta customers

Shaimaa Al-Aees

Egypt’s SWF CEO: who is Ayman Mohamed Soliman?

Mr. Ayman Mohamed Soliman brings 22 years of experience managing a group…

Nevine Kamel

What you need to know about Egypt’s new Sovereign Wealth Fund

There are three types of sovereign funds. The first type is for…

Nevine Kamel

Egypt’s SWF: new hope for nation’s untapped potential

Egypt negotiates with 3 Gulf SWFs to launch mutual funds, says THARAA…

Nevine Kamel

EGAS targets 1bn scf/day gas exports through Idku liquefaction plant

Completion of periodic maintenance of one of Idku’s liquefaction units contributed to…

Mohamed Adel

Local, foreign financial institutions offer to invest €851.5m in Egyptian T-Bills

The CBE has issued a 364-day T-Bills auction worth €695m, due on…

Hossam Mounir