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

Banque du Caire, Inmaa signs joint venture agreement to finance SMEs

Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small…

Hossam Mounir

Growth in broad money, credit to decelerate rapidly in coming months: IIF report

The IIF’s report says that a 1% increase in interest rates would…

Elsayed Solyman

Asian Infrastructure Investment Bank to discuss financing Egyptian projects in September

El-Garhy held meetings with senior officials in South Korea and AIIB’s member…

Shaimaa Al-Aees

Banks, EGX, government departments leave for 3 days starting Sunday for Eid al-Fitr

The Central Bank of Egypt (CBE) will suspend all of their bank…

Daily News Egypt

Ford plans first-time imports from China

Focus operations will be phased out of Michigan from mid-2018 and relocated…

Deutsche Welle

Barclays’ ex-CEO charged over Qatar funding

The UK's Serious Fraud Office has charged British financial behemoth Barclays and…

Deutsche Welle

Suez Canal revenues hit $440m in May 

The last month saw an increase of 0.7% against April

Elsayed Solyman

77.6% increase in Egypt’s non-oil exports to Spanish market during Q1

Imports drop by 22% and trade deficit between the 2 countries decreases…

Shaimaa Al-Aees

Al-Assar, de Cartier discuss cooperation between Egypt and Belgium in civil and defense industries

Belgium has many companies that welcome cooperation with Egyptian military production companies,…

Hossam Mounir

British companies operating in Egypt intend to increase investments

The New Investment Law offers incentives to investors, and the investment map…

Daily News Egypt