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 to issue EGP 582.5bn worth of T-Bills, T-Bonds in Q2 FY 2019/20

Ministry of Finance plans 56 T-Bills auctions worth EGP 528.5bn, 28 T-Bonds…

Hossam Mounir

Dubai gears up for world’s greatest show, Expo 2020

Daily News Egypt at the premises of Expo Dubai 2020

Nevine Kamel

Qalaa Holding records 8% y-o-y climb in revenues to EGP 3.49bn

Qalaa Holdings is a company that works in energy, cement, agrifoods, transportation…

Alyaa Stohy

Domty signs two loans of EGP 100m, EGP 40m from CIB

The production capacity of the new line will be 270,000 pieces a…

Alyaa Stohy

End of political tensions, interest cut boost EGX’s gains this week

Lower interest rates will encourage investment borrowing, says Abu Basha

Alyaa Stohy

Banks allocate EGP 122bn to face doubtful debts until June 2019: CBE

Slight increase in non-performing loans at banks in 1H 2019, reaching 4.2%…

Hossam Mounir

Carbon pricing is essential to reducing greenhouse gases: World Bank

Competitiveness concerns should not preclude carbon pricing or emission targets to Paris…

Mohamed Samir

Egypt targets 3.8% growth in oil, condensates production in FY 2019/20

Refining 3.6m tonnes of crude oil, gas production increases to 51.1m tonnes,…

Abdel Razek Al-Shuwekhi

Planning Ministry implements 6,200 projects costing EGP 490bn in FY 2018/19

Implementation costs of national projects in previous FY reached EGP 52bn, says…

Ahmed Farahat

Egypt, S. Korea to boost joint cooperation on developing Africa: Nassar

Egypt has one of the most stable economies in the Middle East,…

Hagar Omran