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 to implement 16 new reform measures in less than one year: IMF

Authorities eliminating fuel subsidies, bringing to market shares in at least four SOEs…

Hagar Omran

All investigated transactions are correct, allegations are unfounded: CIB

The Commercial International Bank (CIB) released a press statement on Saturday stating…

Mohamed Samir

ESIP aims to promote all kinds of tourism in Egypt: Hadi

Our interns witnessed that Egypt offers some of most impressive institutions, experts,…

Nehal Samir

Egypt Post increases wages by EGP 400m in FY 2018/2019

Egypt Post expects an increase in profits of EGP 700m this year

Mohamed Alaa El-Din

IDBE signs cooperation protocol with MFF to increase its share in CBE’s initiative to EGP 1bn

Bank funds 5,220 clients with EGP 529m within initiative, says Fahmy

Hossam Mounir

Al Baraka Banking Group puts Egyptian market at top of its priorities: CEO

Bank celebrates opening of its new headquarters in 5th Settlement

Hossam Mounir

Suspected embezzlement case at CIB

The bank released a statement stating that they received a complaint, are…

Mohamed Samir

Egypt to implement automatic fuel price indexation mechanism by end of 2018: IMF

The International Monetary Fund (IMF) said in its staff report after the…

Hagar Omran

EU economic growth forecast reduced

The European Commission has released new economic growth forecasts. Europe's major economies…

Deutsche Welle

Majid Al Futtaim, Sawiris Foundation sign partnership agreement to launch ‘Know Me, Accept Me’ initiative 

Majid Al Futtaim Retail, which holds the exclusive franchise rights to operate…

Shaimaa Al-Aees