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

EIB approves €1.8bn investments for Egypt, Jordan, Lebanon, Morocco, Tunisia

EU member states give €130m grant to create jobs, improve education, transport,…

Shaimaa Al-Aees

Governmental banks start receiving defaulting clients’ requests to settle debts in implementation of CBE initiative

Initiative benefits companies whose debts are less than EGP 10m, individuals without…

Hossam Mounir

Qalaa’s revenues climb 48% year-over-year

EBITDA records impressive growth of 84% y-o-y

Daily News Egypt

8.65% decrease in manufacturing, extractive industries index during April 2018: CAPMAS

The manufacturing and extractive industries index, excluding crude oil and petroleum products,…

Hossam Mounir

Citi names Mohamed Abdel Kader as group’s country officer for Egypt

Citigroup, investment banking company, announced on Monday the appointment of Mohamed Abdel…

Daily News Egypt

EETC to tender establishment of five transformer stations next month

EGP 1bn allocated to replace lines with ground cables

Mohamed Farag

High return on debt instruments maintains attractiveness of investment in Egyptian market: Beltone 

Decision to stabilise interest rate was expected, took into account expected inflationary…

Hossam Mounir

Amlak directs EGP 350m to mortgage financing during current year

Company has provided EGP 83m in financing as part of CBE’s initiative…

Shaimaa Al-Aees