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

Orange Egypt launches cloud computing services in cooperation with Huawei

The launch of the new services comes as part of Orange Egypt's…

Daily News Egypt

COVID-19 infects EGX: stocks plunge to lowest level since 2008 financial crisis

The EGX decided to stop the trading session for half an hour…

Alyaa Stohy

Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE

Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%

Hossam Mounir

TAQA Arabia plans to offer 25% on stock market for estimated EGP 1bn

Offering shall be completed before end of 1H2020

Alyaa Stohy

Unfavourable regulatory developments hamper GB Auto’s profits

Financing business bottom line hits all-time high

Alyaa Stohy

Egypt’s cement sector wraps up FY19 with sales-volume driven revenue

Efficient players report better margins on favourable cost structure

Alyaa Stohy

COVID-19 fears trigger EGX fall, driven by foreign sales

EGX30 capped declined by 5.8% and concluded at 14,756.81 points, while EGX100…

Alyaa Stohy

Consolidated net income of Sarwa Capital up 37% from 2018

“We are delighted to report our full year results for 2019, delivering…

Daily News Egypt