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

Exploration drilling in Nour field begins in September

A source at the Ministry of Petroleum said that the Italian company…

Mohamed Farag

CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals

Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…

Hossam Mounir

IFC, Financial Regulatory Authority begin consultations on green bond guidelines in Egypt

The IFC has been assisting the FRA in formulating draft guidelines for…

Daily News Egypt

Egypt, France sign MoU for investment cooperation

AFD agrees to provide €60m in funding for social protection, in addition…

Nehal Samir

Trump’s tariffs: When does a trade spat become an actual trade war?

Despite reciprocal tariffs being imposed by the US, China and the EU,…

Deutsche Welle

CBE to launch innovation support fund worth EGP 1bn in H1 2019: CBE deputy governor

Banks injected EGP 85bn to fund SMEs within CBE’s initiative thus far,…

Daily News Egypt

5% decrease in 92-octane petrol consumption at Misr Petroleum since price hikes

92-octane petrol consumption rates declined 5% at Misr Petroleum during the two…

Mohamed Farag

EGAS organises workshop to support natural gas delivery teams for homes

The Egyptian Natural Gas Holding Company (EGAS) organised a workshop to support…

Daily News Egypt

Xiaomi Redmi S2 features

Global technology leader Xiaomi announced the launch of its Redmi S2 in…

Daily News Egypt

KnockMart expands offline branches

KnockMart, an e-commerce company, will open three to five new branches in…

Daily News Egypt