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

Officially…Establishment of first Egyptian company to import cars with low profit margin of 6%

The Nile Car Gate Company for car importation was established on Monday…

Daily News Egypt

COMESA, EU sign €10m facility to support private sector

The business community in COMESA is set to benefit from €10m kitty…

Shaimaa Al-Aees

Egypt’s outstanding dollar, euro bonds increase to $23.2bn, €2bn respectively

Maturities of dollar bonds range between 5-30 years, euro bonds between 8-12…

Hossam Mounir

SCB supports SMEs through Nile preneur initiative

Bank to deliver 5 training sessions to entrepreneurs, assist in establishment of…

Daily News Egypt

Digital marketplace noon to expand into Egypt

The Middle East’s homegrown digital marketplace, noon, has announced its imminent expansion…

Daily News Egypt

For first time, CBE instructs banks to protect clients’ rights

Instructions have been in effect since 13 February, banks were given one-year…

Hossam Mounir

Egypt’s gas production increases to 6.8bn scf/day

Domestic market consumption drops to 5.5bn scf/day, says source

Mohamed Adel

AFD allocates €1bn for Egypt during next 5 years 

Investments mainly for infrastructure, social cohesion, integration with Africa, says Fabio Grazi

Hagar Omran

Egypt issues $4bn bonds on international markets

US Fed’s interest rate hike forces Egypt to increase interest on bonds,…

Nehal Samir