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

Eni to complete drilling Zohr’s 9th well by November

Project’s total production will reach 2.25bn cubic feet by end of 2018:…

Mohamed Adel

NBE provides EGP 2bn for 18 companies working in cotton ginning, trade

Benefiting companies include eight private sector companies

Hossam Mounir

Omega Shipping seeks to increase its business by 54% this year

Fayez Diab, the chairperson of the company, said that his company has…

Rasha Sorour

$270m investments in Samsung’s TV factory in Beni Suef

Factory trained over 180 employees: Hassan

Daily News Egypt

Banque du Caire opens 2 news branches, bringing its network up to 221

BDC plans to expand to 25 offices in 2019, add 20-25 extensions…

Daily News Egypt

SMEDA confirms its readiness to cooperate with all banks wishing to fund youth projects: CEO

Since 1992, SMEDA funded 2.9m micro, small projects worth EGP 37.8bn, created…

Hossam Mounir

SMEs account for 24% of United Bank’s total credit portfolio: vice chairperson 

Bank to offer unique funding solutions, smart digital services, to support these…

Hossam Mounir

HDB’s SMEs portfolio amounted to EGP 2.2bn at end June: chairperson

Bank intends to pump EGP 400m to finance SMEs: El-Sebai

Hossam Mounir

Banque Misr finances cotton with EGP 1.3bn for 2018/19 season

Bank arranged 17 financing operations worth EGP 113bn, planning further loans worth…

Hossam Mounir

Tourism sector serves over 70 industries in Egypt: Al-Mashat

Winter tourism season in Egypt very promising, says tourism minister

Daily News Egypt