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

Crédit Agricole Egypt’s net profit reaches EGP 1.957bn at end-2017

Bank will continue to support major investment projects in Egypt, in partnership…

Daily News Egypt

UNB signs 4 agreements to support small investors in agriculture, land reclamation

Main sectors to be financed by bank are agricultural crops, livestock production,…

Daily News Egypt

Banks avoid interest rate cuts to maintain depositors  

Few banks implement interest rates cuts on savings accounts one week after…

Hossam Mounir

Economic reform offers upside to equity market: Beltone

Expected interest rate cuts in 2018 will provide a relief for corporates

Daily News Egypt

As CBE embarks on long-anticipated easing cycle, losers, winners emerge at EGX-listed companies

Banking sector will be most negatively affected by CBE’s decision, analysts note

Daily News Egypt

Egypt shares to extend rally as investors expect to build new positions ahead of earnings season

EGX30 rose 2.36% in a week; market capital rose by 19.7% at…

Daily News Egypt

53.5% internet user penetration in Egypt in 2019

A report issued by Statista expects the internet user penetration in Egypt…

Mohamed Alaa El-Din

Belgian trade mission to Egypt in March 2018

In line with the continuous efforts to foster and enhance the economic…

Daily News Egypt

Five Turkish warships halt Eni’s Saipem 12000 from operation in Cyprus’ EEZ 

Turkey reaffirmed northern Cyprus’ rights to gas reserves found under Cypriot waters

Mohammed El-Said

Egypt’s crude oil production to reach 661,000 bpd by March

Achieving oil self-sufficiency is real accomplishment, not importing, says Ezz El Regal

Mohamed Farag