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

Gamea sworn in as new Trade, Industry Minister

Gamea was chosen to be the first Secretary-General of the former Social…

Shaimaa Al-Aees

Hala El-Said: Frontierswoman of Egypt Vision 2030

The frontline politician is now responsible for planning, economic development portfolios, along…

Mohamed Samir

CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income

The CBE decided to keep the maximum for personal housing loans at…

Hossam Mounir

El Sayed El Kosayer: from reforming ABE to the Agriculture Ministry

El Kosayer worked to restructure the Industrial Development and Workers Bank of…

Hossam Mounir

Rania Al-Mashat: from IMF to Int’l Coop. Min.

During her tenure, Egypt's tourism sector improved and its revenues hiked 28.2%…

Nehal Samir

MENA has one of highest YouTube watch times globally: regional partnerships head

“We have seen a meteoric rise of female creators in the Arab…

Bassant Mohammed

Banque du Caire leads banking alliance to raise €150m for financing MDF factory

The factory is being built in Idku, Beheira, with a production capacity…

Hossam Mounir

Banking, agriculture, manufacturing, logistics to drive Italian businesses in Egypt next year: CISE

Italian investments in Egypt to be doubled next year to €3.2bn, says…

Hagar Omran

HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson

These profits came despite the challenges that the banking sector has faced…

Hossam Mounir

Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019

Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…

Hossam Mounir