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

IDA, CPC sign EGP 900m contract for establishment, development of new industrial zone in Sadat

Ahmed Abdel Razek, head of the Industrial Development Authority (IDA), signed with…

Daily News Egypt

Banks’ investments in T-bills increase to EGP 680.4bn at end-2017

Banks operating in the Egyptian market raised their investments by EGP 43.64bn…

Daily News Egypt

Bank loans increase EGP 7.6bn in November

The value of bank loans provided to customers increased to EGP 1.431tn…

Daily News Egypt

Egypt’s bank deposits rise EGP 55bn in November 2017: CBE

The Central Bank of Egypt (CBE) announced that total bank deposits rose…

Daily News Egypt

Egyptian Banking Institute holds 2nd IFRS 9 seminar

Need for coordination among specialised units, risk management, credit, finance, information technology…

Daily News Egypt

NBE’s microfinance portfolio reaches EGP 3.5bn: Aboul Fotouh

About EGP 40bn available funding for SMEs, bank aims to increase that…

Hossam Mounir

HDB aims to be among Egypt’s top 10 banks by end-2022: chairperson

Negotiations continue with CBE to separate real estate from banking activities, says…

Hossam Mounir

Ryanair now flying to Ukraine

Irish no-frills carrier Ryanair has said it's launching its first routes from…

Deutsche Welle

Dropbox debuts on Nasdaq

Cloud-based file storage company Dropbox has debuted on the Nasdaq stock exchange.…

Deutsche Welle