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

Egypt to turn GPSSA into investment entity 

Finance Ministry to repay EGP 1.3tn for pension funds over seven years

Hagar Omran

Net foreign reserves up $52.1m to $44.969bn end-August

Value of gold reserve rises by $265m, decrease in foreign currencies value…

Hossam Mounir

Government aims to renew hedging against oil price fluctuations

Oil price fell below $60 a barrel, contrary to expectations, according to…

Mohamed Adel

HSBC Egypt starts dealing in China’s Renminbi

A complete suite of solutions for managing foreign exchange flows, trade settlement…

Hossam Mounir

Automotive industry achieves economic growth through reducing unemployment

Government targets $5bn to invest in feeding industries, $3bn in exports by…

Ahmed Hassan Abdul Karim

Over 1,000 Egyptians participate in India’s demand-driven training programmes: Embassy

Embassy to celebrate 55th anniversary of ITEC programme on 24 September

Hagar Omran

PM, ministers of Finance, Industry to provide insights at Euromoney Egypt Conference 2019

In addition to the government representatives, the conference will also have sector…

Daily News Egypt

Africa’s inequality rises, as continent’s 3 richest men have more wealth than poorest 650m: Oxfam

Swaziland is Africa’s most unequal country, followed by Nigeria, South Africa, Namibia

Mohamed Samir

Adventurer Ali Abdo targets achieving longest journey by electric motorcycle

The journey is currently sponsored by the Egyptian Ministries of Youth and…

Mohamed Al-Roubi