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

EU development cooperation with Egypt records €1.1bn annually

Ministry of Industry, Trade will start 2nd phase of TDEMP by 2021,…

Shaimaa Al-Aees

Solar power investors to pay EGP 700m from cost-sharing agreement settlement with EETC

Remaining sums most likely to be paid on instalments, according to industry…

Mohamed Farag

Banks reduce NPLs allocations by EGP 2.95bn in June 2019

Reserves declined to EGP 236.06bn end-June, compared to EGP 238.89bn end-May

Hossam Mounir

Household sector accounts for 80.4% of total bank deposits

It accounts for 83.6% of total deposits in local currency, 68.7% in…

Hossam Mounir

EBI’s role goes beyond training employees in banking sector: Nossier

Institute started offering more developed training courses to support financial inclusion, says…

Hossam Mounir

CIAF Leasing to launch $50m worth Sukuk in December

MERIS Ratings hired to rate Sukuk, promotional campaigns to launch soon, says…

Alyaa Stohy

EGX expected to continue positive move supported by lower inflation, more potential rate cuts

The EGX30 index rose 1.2% during the last week's trading to settle…

Daily News Egypt

Securities lending to be conducted through custodians under MCDR system: Abdelbary

New short Selling mechanism to be launched before end-November

Alyaa Stohy

AIWF, AUC to hold Women as Engines of Economic Growth conference in Cairo on 17 September

The conference focuses on empowering women innovators, entrepreneurs, executives and educators towards…

Daily News Egypt

AAIB arranges EGP 6bn securitised bonds, Egypt’s biggest transaction in 2019

A securitisation transaction is a debt capital market financial instrument whereby future…

Daily News Egypt