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

Government plans to borrow EGP 478.5bn to fill budget deficit

Finance Ministry launches bids for T-Bills, T-Bonds for EGP 184bn in April,…

Hossam Mounir

B investments’ net revenues increase by 42% in 2018

Company’s share profit in portfolio companies grew due to strong performance of…

Nehal Samir

Banks operating in Egypt are strong, safe: CBE

NPLs down to 3.9% of total loans by end-2018

Hossam Mounir

CIB Egypt signs cooperation protocol with ‘Business Women of Egypt 21’

Protocol comes within bank’s efforts to support members of BWE21

Daily News Egypt

Suez Canal Bank increases branch network by 2 branches to 43

Bank aims to reach out to new customer segments, says bank’s chairperson

Hossam Mounir

Tamweely negotiates with 4 banks for supplementary financing of EGP 400m

Company injects EGP 700m of micro loans to 40,000 clients through 38…

Hossam Mounir

Banking alliance arranges EGP 3.1bn worth joint loan for Samcrete Egypt

Coalition includes NBE, Banque Misr, Banque du Caire, SAIB, EDBE, Suez Canal…

Hossam Mounir

Banque du Caire’s NIAT jumps 200% to EGP 2.5bn end-2018

Last year was turning point in bank’s performance, says bank’s chairperson

Hossam Mounir

Tunisian business delegation likely to meet Nasr, Nassar in April

Egypt has 317 Tunisian firms investing about $802m, says GAFI

Hagar Omran

Egypt targets 6% economic growth in FY 2020

State's total investment in next FY estimated at EGP 1.17tn

Daily News Egypt