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

As CBE embarks on long-anticipated easing cycle, losers, winners emerge at EGX-listed companies

Banking sector will be most negatively affected by CBE’s decision, analysts note

Daily News Egypt

Egypt shares to extend rally as investors expect to build new positions ahead of earnings season

EGX30 rose 2.36% in a week; market capital rose by 19.7% at…

Daily News Egypt

53.5% internet user penetration in Egypt in 2019

A report issued by Statista expects the internet user penetration in Egypt…

Mohamed Alaa El-Din

Belgian trade mission to Egypt in March 2018

In line with the continuous efforts to foster and enhance the economic…

Daily News Egypt

Five Turkish warships halt Eni’s Saipem 12000 from operation in Cyprus’ EEZ 

Turkey reaffirmed northern Cyprus’ rights to gas reserves found under Cypriot waters

Mohammed El-Said

Egypt’s crude oil production to reach 661,000 bpd by March

Achieving oil self-sufficiency is real accomplishment, not importing, says Ezz El Regal

Mohamed Farag

NIB sends Finance Ministry 13 companies to float on EGX: El-Saeed

Hala Al-Saeed, minister of planning and chairperson of the National Investment Bank…

Ahmed Farahat

Social Solidarity Ministry to fund Al-Sisi initiative for temporary workers’ insurance 

Capital allocations for Al-Sisi’s initiative on temporary workers’ insurance is under study,…

Shaimaa El-Badawi

58% targeted investments from private sector: Hala Al-Saeed

Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed said that her…

Ahmed Farahat

Government raises growth forecast by end-June to 5.4%

Total investments in H1 amounted to EGP 353bn

Ahmed Farahat