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

US-Egypt trade exchange approaches $3bn in the first 4 months of 2019: AmCham

“We have good, evolving economic story to share” says AmCham’s President

Hagar Omran

Acumen sues FRA for EGP 20m over damages to brand reputation

The company demanded a compensation of EGP 20m for damages suffered as…

Daily News Egypt

World Bank announces $500m to expand, improve Egypt’s social safety nets

Funds reassure World Bank’s commitment to promoting human capital development

Daily News Egypt

Carrefour to open 4 branches in coordination with ITDA in investments worth EGP 230m

According to the ITDA, the space of any hypermarket in Egypt ranges…

Basma Tharwat

Egyptian Mineral Resources Authority targets EGP 2.4bn in profits in FY 2019/20

Government calls on management to develop various investment plans to increase profits

Egypt’s PMI improves slightly, yet still in contractionary territory

According to the PMI, the average of 49.4 over the second quarter…

Nehal Samir

Government intends to borrow EGP 522bn in Q1 of FY 2019/20

Ministry of Finance offers T-Bills, Bonds worth EGP 200.5bn in July, EGP…

Hossam Mounir

Egypt’s exports to regional blocs increase 6.6% in 2018: CAPMAS

In its annual bulletin of Egypt’s trade exchange in 2018, the CAPMAS…

Daily News Egypt

CBE launches risk insurance company for exports to Africa before year-end

El-Shaarawy told Daily News Egypt that the bank is currently completing the…

Daily News Egypt

Ministry of Public Enterprise Sector launches Gosour app to facilitate trade in Africa

Tawfik opened the ‘Gosour for International Trade in Eastern and Central Africa’…

Mostafa Fahmy