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

Instagram will become the main marketing platform for 73% of SMEs: YouGov

According to Instagram, its community contains more than a billion people around…

Mohamed Alaa El-Din

Crédit Agricole Egypt and PAS sign a credit facility agreement for an aircraft purchase

According to the signed agreement, Crédit Agricole Egypt will provide a medium-term…

Daily News Egypt

BM signs a loan agreement with the EIB worth € 500m to finance SMEs

Banque Misr’s portfolio of SMEs reaches EGP 26bn by the end of…

Hossam Mounir

IDA plans to offer 28.5m sqm of industrial lands by end 2020

Will offer New Salhia project for agricultural reclamation through special developer system…

Shaimaa Al-Aees

Indian TCI Sanmar to invest additional $200m in Egypt in 2020

“Recent meeting with president Al-Sisi encourages us to invest more in the…

Shaimaa Al-Aees

Egypt ERA notifies 3 companies over electricity price violations

The violating companies includes Egyptian Gulf Company for Tourism Projects, Misr Italia,…

Mohamed Farag

EDF Renewables invests in Egypt’s KarmSolar, becomes shareholder

In a Monday press statement, EDF Renewables will make a capital investment…

Daily News Egypt

DP plans to invest 520m for expanding Ain Sokhna Port

$1.6bn investments of the company in Egypt, says Al Banna

Daily News Egypt

CBE Governor Tarek Amer to remain in office until 2023

Amer, whose term ends this week, was appointed in 2015, succeeding former…

Hossam Mounir

Fitch maintains Egypt’s long-term credit rating at ‘B+’ with stable outlook

Real GDP growth to remain robust at 5.5%, budget deficit to narrow…

Daily News Egypt