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

Arqaam ranks first in October with EGP 4bn trading value

Hermes comes in second place with transactions of EGP 3.5bn, and Financial…

Alyaa Stohy

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir

Egypt’s foreign trade increases to $95bn in FY 2018/19: CBE

Egypt's imports scored $66.529bn, while exports reached $28.495bn between July 2018 and…

Hossam Mounir

Minister of Communications inspects Knowledge City’s construction progress in NAC

The city is currently being built on an area of 211 feddans…

Mohamed Alaa El-Din

Portugal’s Web Summit sees 7 promising Egyptian startups

Khalil Hassan Khalil, head of ITFEDCOC, said that the division is keen…

Mohamed Alaa El-Din

North Africa’s equity market sees $51m outflows in November: Beltone

Qatar to witness the largest absolute outflows among MENA region, while Egypt…

Doaa Elboraie

World’s most profitable firm gets go-ahead for $1.5trn IPO

Aramco will release its IPO prospectus on 9 November

Mohamed Samir

Arab Sustainable Development Week addresses challenges facing UN SDGs in Middle East

Infrastructure is not about building bridges and roads only, but also digital…

Bassant Mohammed

France’s EDF plans to invest $25m in Egypt’s KarmSolar by end-2019

The source revealed that negotiations with KarmSolar have reached very advanced stages…

Mohamed Farag

EMG pipeline deal nears completion, paving way for Israeli gas export to Egypt

Delek Drilling and Noble Energy, Dolphinus JV to acquire 39% stake in…

Mohamed Samir