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

IMF welcomes Egypt’s intention to sell shares of SOEs, military companies on EGX

Our discussions with Egypt focused on possible modalities of future engagement rather…

Hagar Omran

Automotive market anticipates impacts of eliminating customs on Turkish-origin cars

Turkish car prices expected to fall by 2.5% in 2020

Mohamed Al-Roubi

CIB achieves net profits of EGP3.2bn in 3Q19

Beltone rates CIB’s fair value at EGP81.07

Doaa Elboraie

Vested Entrepreneurship Summit promotes $50,000 prize and technology platform

During the summit, she announced the launch of a technology platform to…

Daily News Egypt

Egypt is Brazil’s No 1 trade partner in Africa, Arab region: diplomat

“The free trade agreement between Brazil and Egypt that was enforced in…

Bassant Mohammed

Vodafone International acquires Vodafone Egypt’s VIS for EGP 1bn

Vodafone Egypt holds 55% of VIS platform, while 45% stake belongs to…

Mohamed Alaa El-Din

Construction of EGP 17bn Alexandria Metro to start in 1Q 2020

Project to be implemented in three phases over two years, says Alexandria…

Mohamed Mostafa

Egypt’s net foreign reserves rise by $128m to $45.247bn in October

It’s the highest foreign exchange reserves in Egypt’s history, covering more than…

Hossam Mounir

Egypt continues to be EBRD’s success story in SEMED

The bank’s investments in 2019 to exceed €1bn

Hagar Omran

Untapped potential in MENA’s cross-border power interconnection

WBG, LAS, and AFESD launch 1st Pan-Arab Energy Trade Conference in Cairo

Daily News Egypt