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

US Department of Commerce recommends imposing 53% tariff on steel imports from Egypt, 11 other countries

The US Department of Commerce has made recommendations to the US president…

Shaimaa Al-Aees

Limited response from banks to CBE’s move to lower interest rates

ALCOs of banks operating in Egypt will hold intensive meetings Monday to…

Hossam Mounir

Hassan Allam Properties  acquires  600 feddans  in North Coast

Hassan Allam Properties (HAP) announced the acquisition of 600 feddans in the…

Shaimaa Al-Aees

Will the government partner small, medium real estate companies?

As the government has recently held partnerships with some developers, such as…

Shaimaa Al-Aees

SHUAA Capital eyes becoming among EGX top five brokers by end-2018

Company looks to turn into investment bank sector during the year

Daily News Egypt

Eastern Company targets 132% increase in profits to EGP 3.25bn in FY 2018/2019

Cigarette maker aims to pay EGP 57.5bn in taxes, compared to EGP…

Shaimaa Raafat

Egypt shares moving upwards as CBE cuts interest rates

Investors to embark on building new positions in large cap ahead of…

Elsayed Solyman

Attijariwafa Bank Egypt loan portfolio grew 31% at end-Q3 2017

Real estate, energy, food, leasing, microfinance sectors accounted for large part of…

Daily News Egypt

AAIB contributes to long-term joint financing of EGP 4bn for Misr Petroleum, COOP

Funding solidifies bank's role in supporting energy sector, says AAIB CEO

Hossam Mounir

SMEDA signed contract with Banque du Caire worth EGP 500m to fund microenterprises

25% of contract dedicated to women, 60% to workers below poverty line,…

Hossam Mounir