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

Decline in number of docked ships at Damietta port in February

5.8% increase in the volume of traded goods, while sand and salt…

Mohamed Alaa El-Din

Export subsidies in coming FY to be kept at $2.6bn

Allocations for health budget amount to EGP 103bn, scientific research at EGP…

Ahmed Farahat

Egypt’s foreign debt jumps by $19.5bn in 2016

Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…

Hossam Mounir

CBE resolves issue of temporary facilities obtained in foreign currency: Negm

Companies that owe more than $5m to banks will pay a 3.62%…

Hossam Mounir

MNHD completes development studies of new commercial zone within 6 months

The registration of certificates of deposit in London Stock Exchange will be…

Daily News Egypt

EGX rose to 5% at end of Q1 2017

New IPOs and interest rate cuts are motives to continue the positive…

Mahmoud Hashem

Hermes leads quarterly ranking of brokerage firms

Naeem Brokerage, Mubasher International, and Arabeya Online Securities return to top-10 list…

Mahmoud El-Qassas

BLOM Egypt targets growth rate of 15% in all indicators by end of 2017

EGP 400m injected in bank’s capital to reach EGP 1.7bn financed by…

Hossam Mounir