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

Faisal Islamic Bank intends to increase its capital by $73.36m

Bank's business increased to EGP 95.98bn end-February, against EGP 84.43bn in February…

Hossam Mounir

IFC ready to invest in Egypt’s hotel development fund

The International Finance Corporation (IFC) expressed its readiness to inject new investment…

Daily News Egypt

Government purchases electricity from private sector for EGP 400m

The government has purchased electricity from the private sector for EGP 400m…

Mohamed Farag

Swiss companies, embassy to promote cooperation in vocational education with Egypt

Egyptian government declared 2019 as year of education, we will leave our…

Hagar Omran

CI Capital launches ‘Mahfazty’ platform to provide a variety of services, secure trading

CI Capital’s securities brokerage and trading arm, the Commercial International Brokerage Co…

Daily News Egypt

Reform achievements are impressive, ensuring sustainability is essential: Beltone

Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per…

Daily News Egypt

Egypt aims to increase fuel prices by about 25% in June

Country imports around 35% of domestic consumption of petroleum, says industry source

Mohamed Adel

Capital Markets 2019 to discuss future fixed-income instruments

This year summit titled, ‘Funding instruments, opportunities to accelerate growth, stimulate capital…

Daily News Egypt

Egypt’s PMI rose to highest level since August 2018

State's non-oil private sector activity recorded 49.9 in March

Nehal Samir

Kabil joins HDB board

The Housing and Development Bank’s (HDB) general assembly approved on Wednesday the…

Daily News Egypt