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’s microfinance market grows by over 100% y-o-y: EFG Finance Holding CEO

Cash comes at high cost of 1-1.5% of GDP, so going cashless…

Mohamed Samir

Housing Ministry targets construction of 40,000 housing units at NAC end-June 2020

The Minister of Housing, Utilities and Urban Communities, Assem El Gazzar, said…

Daily News Egypt

Finance Ministry provides EGP 10.2bn as urgent allocations in different sectors

The Minister of Finance, Mohamed Moeit, approved on Tuesday EGP 10.2bn as…

Daily News Egypt

CBE imposes sanctions on 28 currency exchange companies in 2018

Procedure came as result of violations to CBE’s regulations, conditions

Hossam Mounir

Attijariwafa Bank, Global Lease sign SME support protocol

Attijariwafa Bank Egypt and Global Lease Company have signed a joint protocol…

Hossam Mounir

AfDB, Egypt continue discussions on establishment of guarantee investment fund

Bank’s mission will conclude its visit with authorities on Thursday

Hagar Omran

Government considers issuance of financial guarantee for Hamrawein coal-fired electricity plant

Finance Ministry to meet with officials from CDB next month, signing will…

Mohamed Farag

CBE approves issuing EGP 870.3m worth ‘Aman’ certificates

NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March…

Hossam Mounir

Egypt’s non-oil private sector’s activity decline to lowest point since September 2017

Country's non-oil private sector activity declined to 48.2 in February, down from…

Nehal Samir

New wharfs enter into force at SCZone

East Port Said Port receives first ship

Mohamed Farag