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

Beast of poverty continues to grow

4.6 million children in UK living in poverty, over 3.6 million college…

Reem Hosam El-din

Telecom Egypt concludes acquisition of Middle East, North Africa Submarine Cable

Telecom Egypt had announced in August the signing of a memorandum of…

Daily News Egypt

AfDB’s multi-disciplinary mission visits Cairo to review its strategy’s implementation

Expected mission’s outcome to result in updated programme of AfDB’s interventions in…

Hagar Omran

Banks’ profits score EGP 45.843bn at end of June 2018

Top five banks account for 61.34% of profits, against 72.87% for 10…

Hossam Mounir

Public enterprise sector minister reveals reform strategy focusing on largest loss-making companies

Agreement with Agriculture Ministry entails planting short-staple cotton to fulfil domestic market…

Mohamed Samir

CBE establishes financial inclusion information database

We aim to boost banking services’ beneficiaries, avoid duplication, says CBE

Hossam Mounir

No state-owned company to be sold whole: Hesham Tawfik

Emerging markets crises will not affect planned IPOs, state to keep 40%…

Mohamed Samir

Philips launches ‘Back to Rhythm’ campaign, raising awareness over heart diseases

Company’s goal to improve lives of 3 billion people a year by…

Daily News Egypt

Sale of regional fintech start-up returns multiple of value of entire A15 Fund

A15 announces successful sale of 76% stake in TPAY to Helios Investment…

Daily News Egypt