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

Egyptian drug companies to provide contracted medical supplies to ‘unified procurement authority’ for 3 months

Ministry decision aims to secure country's needs of medical products to counter…

Shaimaa Al-Aees

Egypt’s tourism pundits expect sector losses at $1.3-3bn a month due to coronavirus

Arab tourism sector to lose about $30.6bn if pandemic is not controlled…

Nehal Samir

EGX develops ‘electronic trading support systems’ to ensure work continuity

60% of employees now working outside of office: EGX Chairperson

Daily News Egypt

Investor associations support hospitals to face coronavirus

The association will provide 1.5 million face masks and 1.5 million gloves,…

Shaimaa Al-Aees

Pharos Research forecasts serious economic downturn in Egypt

Egypt’s valuable tourism one of many sectors to see significant decline due…

Alyaa Stohy

Pharos expects CBE to keep interest rates unchanged in next MPC meeting

MPC will consider market conditions, impact of emergency rate cut, inflation trend…

Hossam Mounir

TMG to launch EGP 2bn sukuk next week

TMG is targeting sales in the fiscal year (FY) 2019/20 similar to…

Alyaa Stohy

EETC builds new transformer stations to supply North Coast projects, Libya with electricity

The 40km long Abu Al-Matamir - West Borg El-Arab recreational aerial line,…

Mohamed Farag

Combating COVID-19 misinformation across Facebook apps

Through these efforts across Facebook and Instagram, we’ve directed more than 1…

Daily News Egypt

Draft 2020-2021 budget  sets oil price at $61per barrel

State employees’ wages to increase by 11.3%: Finance Minister

Hagar Omran