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’s energy reforms paves way to private sector, attracts $2bn investments: Malpass

Benban’s success can be replicated in transport, water, sanitation sectors, says WBG…

Daily News Egypt

IDB allocates EGP 500m to develop bank’s technological infrastructure

We aim to increase the branches to 50 by 2023 up from…

Hossam Mounir

CBE considers amending primary dealers system to encourage secondary debt market

Proposals include activating bonds market maker, allocating share of dealers to secondary…

Alyaa Stohy

Rising cost of living, unemployment, dominant concerns among young Arabs

Survey respondents say religion large role in the Middle East, religious institutions…

Nehal Samir

Egypt non-oil private sector expands for first time in 8 months, PMI hit 50.8: NBD

Uptick in new orders appears driven by domestic demand, employment readings above…

Daily News Egypt

World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin

Municipalities in Egypt should have clear detailed budgets first to be qualified…

Alyaa Stohy

Al-Sharqawi represents Misr Insurance Company at SAIB Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Ashraf…

Daily News Egypt

Hussein Elgretly appointed as non-executive member of Suez Canal Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Hussein…

Daily News Egypt

Egyptian banking sector ranks 4th in terms of assets in Arab region: UAB

NBE ranked eighth among largest Arab banks with assets worth $75.6bn

Hossam Mounir

Foreign currency deposits up $1.3bn in 1Q 2019 to $42.81bn

Local currency deposits up by EGP 88.1bn to EGP 2.531tn at end…

Hossam Mounir