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

EFG Hermes Leasing, HSBC team up to finance capital expansion of SMEs

Agreement supports CBE initiative to strengthen sector, raises its contribution to formal…

Daily News Egypt

2018: year to forget for EGX amid wider sell-off streak in global markets

EGX30 ends lower 1.16% in last week of year as foreign investors…

Daily News Egypt

MSMEs account for 75% of ABE’s loans portfolio by end October: chairperson

Bank pumped EGP 605m to 1,314 clients in CBE's initiative, says Elkosayer

Hossam Mounir

HDB profits scored EGP 1.393bn end September: chairperson

Bank's housing projects profits increased to EGP 370.3m end of September, up…

Hossam Mounir

United Bank shifting from losses to profits, earning over EGP 1bn: chairperson

Bank injected EGP 136m to 1,800 low- and middle-income mortgage financing clients,…

Hossam Mounir

Suez Canal Bank’s financial position stands at EGP 45.3bn end-September: chairperson

Syndicates loans up by EGP 1.8n to EGP 4.8bn, as bank jointly…

Hossam Mounir

Eni spends $1bn for Zohr’s offshore drillship rental

Drilling of one well in Shorouk concession takes around 60 days

Mohamed Adel

Government-owned, private banks reduce investments in T-bills by EGP 31.2bn in November 2018: CBE

Foreign banks working in Egypt take different stance, increase investments by EGP…

Hossam Mounir

Ministry of Manpower targets to reduce Egypt’s unemployment to 8.5% in 2019

Strong cooperation with private employers, investors, to increase job opportunities in their…

Daily News Egypt

CBE’s sets inflation target at 9% on average during Q4 of 2020

Core inflation slipped to 7.9% in November from 8.9% in October 2018,…

Fatma Elkholosy