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

NBE increased its capital by EGP 26.4bn since June 2008: chairperson

We continue to strengthen the financial position of the bank and increase…

Hossam Mounir

Banks resilient in face of challenges Egypt witnesses: UAB

Egyptian banks are still operating well and achieved growth in most areas

Hossam Mounir

20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone

Foreign currency loans account for 25% of loans, while deposits in foreign…

Hossam Mounir

Increase of EGP 63.8bn in loans, EGP 51bn in deposits at Banque Misr

Bank achieved the highest profits in its history, a total of EGP…

Hossam Mounir

Sakr Group targets to increase exports to $30m in 2017

Turkey is the leading competitor for the Egyptian market abroad

Basma Tharwat

Food exports expected to grow by 15% by the end of 2017: head of CFI

This year is difficult for investors, says Gazayerli

Samira Saeed

El Rashidi El Mizan to increase sales to EGP 500m in 2017

15% expected increase in exports after the inauguration of the new factory

Amany Radwan

Wadi-Food to exploit flotation, expand into African markets

40% increase in sales of the company during the last year, says…

Selim Hassan

Elmotawakel Dates Company is targeting sales worth EGP 16m in 2017

The company is planning to expand in Asian and European markets

Basma Ragab

Nestlé Egypt sees potential in African and Middle Eastern markets

Company targets EGP 1bn exports in 2017, with increase of 30%, says…

Selim Hassan