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

HDB awaits CBE approval to separate real estate activity from banking business

We aim at becoming a commercial bank practicing banking business only and…

Hossam Mounir

Egypt’s MPC maintains policy rates as forecasted by CI Captial

The Central Bank of Egypt (CBE) decided to keep its overnight deposit…

Daily News Egypt

EGBank lends UEEPC EGP 2bn to finance maintenance

The first portion, worth $50m, was provided this week, says El Shahat

Mohamed Farag

Investments of 646bn targeted for FY 2017/18, 55% coming from private sector: El-Garhy

EGP 2.2bn of value-added tax revenue on cigarettes were allocated to health…

Mohamed Samir

Misr Italia Properties launches Cairo Business Park hotel 

Suez Canal and New Cairo attracting significant infrastructural investment, says Hilton vice…

Shaimaa Al-Aees

Indian-Egyptian economic relations seminar highlights cooperation between both countries

The “India-Egypt Economic Engagement” seminar, in the presence of the Indian ambassador,…

Reem Hosam El-din

AfDB approves $450m trade finance package for Afreximbank  

The package aims to boost intra-African trade and promote regional integration

Shaimaa Al-Aees

Egypt receives 2nd AFDB tranche, worth $500m

The loan supports the poorest segments of Egypt by creating jobs and…

Hisham Salah

Brexodus: scaremongering hype or a reality check for the UK’s financial sector?

Speculation over a potential exodus from Europe's Fintech capital remains rife. Some…

Deutsche Welle

Credit Suisse offices searched in tax evasion probe

In an internationally coordinated investigation, authorities in five countries searched offices of…

Deutsche Welle