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 to increase retail banking portfolio to EGP 43bn by end of June

We aim to transfer the micro-finance portfolio to the retail sector and…

Hossam Mounir

DNE News Brief: 11 February 2017

https://youtu.be/qs5fh4EYhds

Daily News Egypt

Annual rate of inflation hikes by 29.6%, monthly by 4.3%: CAPMAS

The annual rate of inflation hiked to 29.6% in January compared to…

Hisham Salah

Dollar falls to its lowest level in two months, settles below EGP 18

Banks see clients disposing USD, further decline in the pipeline, says chairperson…

Hossam Mounir

Palm Jumeirah, Aqaba marked as hot spots for Q1 in 2017: Colliers International 

Colliers International, the Commercial Real Estate Leader, marked Palm Jumeirah in the…

Hisham Salah

NPA, CIB sign MoU for regulating financial services

The cooperation between major economic entities will increase the volume of financial…

Daily News Egypt

Careem launches UNHCR car to collect funds for refugees

Programme will benefit refugees, asylum seekers, and internally displaced persons in MENA

Daily News Egypt

IBM invests $70m to bring digital skills to Africa through Watson platform

IBM, listed in the New York Stock Exchange (NYSE), announced that it…

Daily News Egypt

Unpaid dues to electricity ministry register EGP 1.2bn at end of December

The unpaid dues of business sector companies to the Ministry of Electricity…

Mohamed Farag

Egypt to receive 2nd tranche of AFDB loan within two weeks: AFDB

The government also called for AFDB to finance a sewage plant in…

Ahmed Farahat