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

CIAF Leasing ready to issue Sukuk to finance Embraer aircraft purchase

The company arranged with the Financial Regulatory Authority to navigate the process,…

Daily News Egypt

Egypt’s tourism sector to grow 30% by year-end: Minister

The year 2018 was very good for the Egyptian tourism sector, the…

Daily News Egypt

Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

Hossam Mounir

Sovereignty Fund’s board to approve ownership transferring of public land areas soon: Planning Minister

Government aims at connecting 100 entities' databases by June 2020, says El-Said

Hagar Omran

Moody’s sees Egypt’s rate cut, easing inflation as credit positive for banks

Credit rating agency expects Egypt's GDP to grow 5.6% in 2019, additional…

Mohamed Samir

Recent interest rate cuts save EGP 20-25bn in state budget: Finance Ministry

Interest cuts will not affect attractiveness of government debt instruments, says Kouchouk

Abdel Razek Al-Shuwekhi

Al-Sisi asserts he methodically follows up state measures to support low-income people

The president asserted that he understands the difficult position of the people…

Daily News Egypt

Ukraine offers sharing food security expertise with Egypt

Bilateral trade exchange exceeds $1.5bn in eight months, says Ukrainian ambassador

Hagar Omran

Two startups represent Egypt in Climatelaunchpad competition

British embassy hosts 13 Egyptian competitors last Thursday

Hagar Omran

China Trade Fair Egypt 2019 wraps up its activities Monday

“We plan to increase our investments in local market to $15bn,” says…

Hagar Omran