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

COVID-19 to slash at least 1.5% off global growth this year: Focus Economics

The coronavirus has spurred fears of a global recession. According to Focus…

Nehal Samir

Coronavirus postpones IPOs of Banque du Caire, TAQA Arabia

Sukuk, securitisation issues take the lead, especially as interest rates drop

Alyaa Stohy

Banque Misr, NBE to offer electronically saving certificates with 15% yield

To ensure safety of customers, employees, new certificates to be available only…

Hossam Mounir

CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively

The CBE added that issuing the prepaid cards to citizens will be…

Hossam Mounir

COVID-19 to halve global GDP growth to 1.3% in 2020: Fitch

Oil prices to reach $41 a barrel in 2020, $48 next year,…

Hagar Omran

Will EGX rally on NBE, Banque Misr EGP 3bn package continue, or will it be short-lived?

EGX30 down 17.7% last week despite Thursday's session 5% increase

Alyaa Stohy

Misr Life Insurance accepts premium payments through electronic platforms

Customers can use Misr Life Insurance’s digital applications and electronic payment channels…

Hossam Mounir

Aisha Fahmy Palace: stunning architectural masterpiece telling tragic stories

Palace is designed by renowned Italian Architect Antonio on 2,700 sqm, includes…

Bassant Mohammed

Air France-KLM Group gradually reduces flight activity due to COVID-19, taking measures to secure cash flow

Passenger business revenues drop due to capacity reduction will only be offset…

Nehal Samir