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 targets EGP 166.38bn increase in total tax revenues in FY 2018/19

Tobacco tax revenues increased EGP 7.072bn compared to expected FY 2017/18 financial…

Mohamed Samir

AAIB named best investment bank in Egypt by Global Banking and Finance Review

Bank gateway to international investments in Egypt by providing best financial, investment…

Daily News Egypt

QNB Alahli’s loans portfolio reaches EGP 111bn end-March

Bank’s LTD scored 60% in November 2017, versus 44% average across Egyptian…

Daily News Egypt

Banque Misr seeks to arrange syndicated loans worth EGP 29.7bn for major economic sectors

Bank increases its share of KIMA 2 project funding to EGP 532.415m,…

Daily News Egypt

Suez Canal Bank general assembly re-elects board of directors headed by Hussein Refaei

New retail banking sector to be established to create diversity in bank’s…

Hossam Mounir

NBE arranged 48% of syndicated loans in Egypt, Africa in Q1 2018

NBE first in Egyptian, African banking markets in syndicated loans, Bloomberg says

Daily News Egypt

Elsewedy Development intends to acquire 2m sqm in New Alamein

Elsewedy has 8.2m sqm; 70% of total land is developed, about 50%…

Shaimaa Al-Aees

Aqar Group targets achieving EGP 300m sales in 2018

Company aims to launch 4 new branches in Greater Cairo, North Coast,…

Shaimaa Al-Aees

Esmaar to launch 4th version of eProfit CRM in Sixth of October, New Cairo

Esmaar Company will organise several conferences to launch the fourth version of…

Shaimaa Al-Aees

Equity invests EGP 5.5bn in The Capital Way project

Company has sold 65% of project within one month, says CEO

Shaimaa Al-Aees