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

Egypt targets 6.2% budget deficit, 6.4% GDP growth in FY 2020/21

State also targets debt-to-GDP ratio of 80% in next FY, says MOF

Nehal Samir

MSCI announces November 2019 SAIR results with 13 deletions and six additions: Beltone

Egypt will witness the deletion of AMOC EY and SKPC EY

Doaa Elboraie

CBE to cut rates by 50-100bps at upcoming MPC meeting: Beltone

Beltone foresees inflation averaging 4.8% in 4Q19

Doaa Elboraie

Insight Real Estate debuts third phase of its projects in west Cairo

The company has sold its first and second phases with total sales…

Shaimaa Al-Aees

Lebanese students’ protest inspires FedSLEB to go on strike from Tuesday

The FedSLEB’s calls came amid the 26th day of ongoing anti-government protests…

Bassant Mohammed

OIH appoints Hisham Siblini as new COO in Orascom Telecom Lebanon

Siblini will head a newly created Operations Department, grouping all Commercial, Technology…

Daily News Egypt

Beta Egypt develops resale mechanism in collaboration with REMAX-RFM

REMAX-RFM signed protocols with banks to provide mortgage financing for Beta customers

Shaimaa Al-Aees

Egypt’s SWF CEO: who is Ayman Mohamed Soliman?

Mr. Ayman Mohamed Soliman brings 22 years of experience managing a group…

Nevine Kamel

What you need to know about Egypt’s new Sovereign Wealth Fund

There are three types of sovereign funds. The first type is for…

Nevine Kamel

Egypt’s SWF: new hope for nation’s untapped potential

Egypt negotiates with 3 Gulf SWFs to launch mutual funds, says THARAA…

Nevine Kamel