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

Coronavirus infecting global economy: Guterres

Crisis likely to cost world economies at least $1trn this year

Hagar Omran

IIF alarmed over possible sudden stop in financing globally due to COVID-19

Year 2020 feared to be another challenging period for growth across EM

Nehal Samir

Egypt’s stock of commodities sufficient for 3 months: Cairo Chamber of Commerce

Bishay expected a price hikes in commodities ranging between 5-10% as a…

Shaimaa Al-Aees

Egypt provides free digital education platforms as schools suspended: MCIT

Monthly download capacities for home internet subscriptions were also increased by 20%…

Mohamed Alaa El-Din

COVID19-caused economic recession fears cost EGX biggest decline since 2012

Postponing application of capital gains tax to stock transactions is more harmful…

Alyaa Stohy

President Al-Sisi orders wage increase for public workers in 2020/21 budget

Periodic bonus of 7% for civil servants, 12% of basic salary for…

Daily News Egypt

CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

Hossam Mounir

CBE reviews efforts to support e-payment, FinTech systems

CBE launches Meeza, Non-Cash Payment Law, FinTech Regulatory Sandbox, e-collection of government's…

Hossam Mounir

Coronavirus fears dominate EGX performance

On the positive side, EGX30 Index witnessed a notable rise during Tuesday’s…

Alyaa Stohy