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

Government launches treasury bonds and bills for EGP 105.25bn in June

Launching 16 bills for terms of 91-364 days for EGP 99bn, 8…

Hossam Mounir

Beltone expects HDB’s net profit to exceed EGP 800m by year end

Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%,…

Hossam Mounir

CBE’s decision to raise interest rate continues to stir controversy

The decision was great and emphasised the bank’s determination to activate its…

Hossam Mounir

Misr Financial Investment to establish renewable energy company 

Misr Financial Investment Company, a subsidiary of Misr Holding for Insurance, plans…

Daily News Egypt

Funds’ assets lose EGP 22bn over past five years, despite number increasing by 17

Losses in 2016 amounted to EGP 27bn, due to CBE decisions scaling…

Alia Stouhi

EGX prepares to record a new historic jump this week

The market targets to score 13,900 points amid calls to buy leading…

Daily News Egypt

Improvement witnessed in banking sector deposits growth: Beltone Financial

Commercial banks’ foreign liabilities decreased to $430m in April from $10.7bn in…

Mohamed Samir