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

AGD eyes EGP 250m of sales in 2020

Company will expand in New Cairo, Shorouk, says Managing Director

Daily News Egypt

Banks’ SMEs funding amounts to EGP 146bn, targeting EGP 200bn by year-end: El-Etreby

The CBE has instructed banks working in the local market to allocate…

Daily News Egypt

CBE prioritises financial inclusion in line with Egypt’s strategy for sustainable development 2030: Helal

Activities of Arab Financial Inclusion Day resulted in opening of 1m accounts…

Hossam Mounir

Prime Minister inspects Nasr City Free Zone after development, praises efforts

Egypt  works to establish seven new free zones and develop nine others:Nasr

Daily News Egypt

MEDAF plans to acquire 50% of E-payment market, penetrate African markets

Abou-El-Fotouh confirmed that MEDAF Investments has ambitious plans and aims to expand…

Alyaa Stohy

EGP to increase by 3.5% reaching EGP16 per $1 by beginning of 2020: OBG

The OBG explained that it expects an increase in the EGP value…

Nehal Samir

AMF, IMF discuss in Cairo challenges facing SMEs in Arab countries

These projects have positive repercussions on improving financial inclusion and enhancing financial,…

Daily News Egypt

Outstanding balances of T-Bills, Bonds rise to EGP 2.028tn end-August

EGP 1.213tn in Bills, EGP 814.973bn in Bonds, $23.21bn and €4bn in…

Hossam Mounir

Orascom Construction, Siemens to rebuild 1.6GW power plants in Iraq

Noteworthy, Orascom Construction added 12GW of power capacity as an EPC contractor…

Daily News Egypt

UNWTO suggests establishing tourism Committee under African Union, to discuss tourism issues in Africa

Organisation named Egypt's ‘People To People’ campaign video as best promotional movie…

Nehal Samir