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

How to benefit from ITIDA’s commercial trips programme?

The Information Technology Industry Development Agency (ITIDA) launched a commercial trips programme,…

Daily News Egypt

Balance of Payments marks surplus of $13.7bn in FY 2016/2017: CBE

Exports revenues amount to $21.7bn, imports register $57.1bn, tourism profits at $4.4bn,…

Hossam Mounir

Mamish discusses Egyptian labour training with German shipbuilders

A cooperation between the second best European port and East Port Said…

Mohamed Alaa El-Din

IFC allocated $1.7bn in MENA in FY 2017 to support economic growth

IFC’s finance increased by 30% in FY 2017 compared to FY 2016

Shaimaa Al-Aees

Egypt Central Bank to reduce interest rates 1% by end of 2017: Capital Economics

Monetary easing is likely in 2018 with rates to be cut further…

Elsayed Solyman

Petroleum Minister demands establishing new units to increase production of 3 public petroleum companies

Tarek El-Molla’s request came after Saudi giant ARAMCO expressed readiness to increase…

Reem Hosam El-din

SMEs to receive tax exemption: CBE governor

Inclusion of 9 m clients in mobile banking services

Mohamed Samir

Foreign investments back to Egypt as FX crunch fades away

Government’s steps to amend economy lure investors to pour fresh cash

Elsayed Solyman

GE secures financial closure to build four substations that will connect 7 GW of power 

The four substations will connect 6.5 million homes to the national grid

Daily News Egypt

CBE clears multibillion-dollar backlog of FX requests: official

Figures add evidence to Egypt’s external finances improving

Daily News Egypt