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

El Mostakbal, Al Ahly Real Estate Development seal agreement with NBE for City of Odyssia 

NBE will manage project accounts, arrange financing needs, says bank’s vice president

Shaimaa Al-Aees

CBE directs banks to stop granting credit facilities to medium companies within 12% initiative

Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…

Hossam Mounir

IFC does not yet wish to sell its stake in AlexBank

International Finance Corporation (IFC), the World Bank Group's investment arm, has shown…

El Husseiny Hassan

B Investments IPO oversubscribed 54 times one hour before closure

Share price at EGP 10.78, with 19% expected return, Mubasher Trade says

Mahmoud El-Qassas

Ethics, sincerity are priorities for new inspection team: Food Safety Authority

The Egyptian Food Safety Authority is exerting significant efforts to improve the qualifications of…

Hagar Omran

The Worx partners with 138 Pyramids to expand projects in Egyptian market

The Worx, a leading event management and consultancy company specialising in conferences,…

Shaimaa Al-Aees

E launches ‘Meet the Officials’ in cooperation with Banque Misr

Eitesal Association announced on Sunday its new initiative “Meet the Officials”, which…

Daily News Egypt

UNB-E awaits CBE approval for appointment of ElSewerky as managing director

Ban’s net profit at end-2017 reached EGP 380m, up EGP 200m from…

Hossam Mounir

Apache plans to drill 50 oil wells in Egypt next fiscal year

Apache Corporation plans to carry out an exploration programme in Egypt to…

Mohamed Farag