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

B Investments mulls expansion as it starts trading on EGX amid investors’ interest

Company aims to use IPO proceedings in renewable energy, non-banking financial services

Daily News Egypt

Al Ezz Dekheila Steel to achieve net income of EGP 2.1bn in FY 2018: report

Company expected to benefit from low-interest rate environment

Daily News Egypt

Egypt shares likely to move upwards as CBE extends easing cycle

EGX30 among region’s best performer in Q1; rises 16% to 17,450 points

Elsayed Solyman

Mostadam Forum graduates new young bankers

Traditional concept of return on investments changed after introduction of new criteria…

Daily News Egypt

E-commerce accounts for 0.4% of retail sales in Egypt

Online purchases account for 1.8% of total trade in MEA

Mohamed Alaa El-Din

Egypt issues decision to import used electric cars

Minister of Trade and Industry Tarek Kabil issued a decree to allow…

Daily News Egypt

Egypt to establish free zone in Nuweiba on 226 feddans  

The Egyptian Cabinet approved at its weekly meeting, chaired by Sherif Ismail,…

Daily News Egypt

EGP 942bn investments in government’s development plan for FY 2018/19

The government’s economic and social development plan for fiscal year (FY) 2018/19…

Mohamed Samir

Egypt’s current account deficit dropped 64% to $3.4bn in H1 FY 2017/18

Improvement was backed by 5% GDP growth in 2017—highest on record since…

Mohamed Samir

Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them

BM considering fate of 17% certificates, other savings vessels, says El-Damaty

Hossam Mounir