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

CBE receives 1.3 tonnes of gold from Sukari mine until August

Company sells about 70 kg of gold per month to CBE to…

Mohamed Adel

Siemens presents study to Industry Ministry to increase local products’ competitiveness

Wael Omar, senior vice president of digital industries at Siemens Egypt, said…

Mohamed Farag

US Prudential Financial to invest in Sarwa Life Insurance through its impact investment arm

Prudential’s investment will help Sarwa Life accelerate the roll out of quality…

Daily News Egypt

CBE cuts interest rates by 1% in line of expectations

This is the second interest cut in a row following the 150…

Daily News Egypt

Drwazah launches EGP 10bn investments in Egyptian real estate market

Company celebrates launching its first branch in Egypt

Shaimaa Al-Aees

Strong expectations that  CBE’s basic interest rates will be cut by 50 to 150 basis points

MPC ecided at its meeting on 22 August 2019 to reduce the…

Hossam Mounir

EGX starts to reverse losses, climbing 2.5% following 8-day drop

CIB hikes by 5% and Eastern Company by 4.7%

Mohamed Samir

NREA holds first roundtable on renewable energy investment in Egypt

Authority receive requests to implement 10GW projects in feed-in tariff programme, says…

Daily News Egypt

ALDAU launches 1st phase of Cairo West Residence with investments worth EGP 3bn

ALDAU has invested EGP 3bn in this project with a vision based…

Daily News Egypt

Egypt’s Prime Minister visits EGP 430m technological park in New Beni Suef

It is being implemented within the government’s plan to expand the establishment…

Daily News Egypt