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

Ministry of Trade, Industry expanding establishment of foreign industrial zones

The Ministry of Trade and Industry seeks to expand the establishment of…

Daily News Egypt

Egypt begins transition to regional energy trade hub this year

Country to implement electricity interconnection between three continents

Mohamed Farag

ADIB profits record EGP 157m end-March

Q1 saw big shift in bank’s financial performance, says CEO

Daily News Egypt

United Bank lays out seven-point strategy

Intelligent banking services, intensification of financial inclusion campaigns, expansion of Shariah-compliant banking…

Hossam Mounir

Oil prices plunge as reports of increased production by OPEC, Russia emerge

Oil prices plunged on Friday to their lowest levels in weeks, on…

Mohamed Samir

Inflows to emerging markets concentrate on certain countries, including Egypt: IIF

EM problems concentrated in Argentina, Turkey, says Capital Economics

Daily News Egypt

MG Developments to hire advisers as it mulls IPO by end-2019

Company plans to raise its capital to finance further expansion through stock…

Daily News Egypt

Egypt shares to resume rally as corrections finally end

EGX30 extends falls amid sell-off streak in weak trading volume

Daily News Egypt

AlexBank signs EGP 50m protocol with Sawiris Foundation

The Bank of Alexandria (AlexBank) signed a protocol with Sawiris Foundation for…

Hossam Mounir

Egypt’s microfinance portfolio reaches EGP 13bn by end-Q1 2018: EMF

Banks total active microfinance portfolio at EGP 4.5 bn, 312,000 active customer,…

Nehal Samir