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

Xpress Money witnessed double-digit growth in 2016 as remittance corridors from the GCC stayed strong

Xpress Money for money transfer services witnessed a 12% growth in its…

Daily News Egypt

Flotation, high lending interest rate, VAT negatively affect real estate investment activity: FEDCOC

Alaa Fekry, member of the Real Estate Investment Division at the Federation…

Hossam Mounir

Internet users increase by 8.8% in October 2016

Mobile, ADSL subscribers increase significantly 

Mohamed Alaa El-Din

Ministry of Electricity presents new and renewable energy projects situation to cabinet

Companies call for amending feed-in tariff, reducing land use by 1%, abolishing…

Mohamed Farag

Beltone Financial holds Cairo Investment Conference to attract foreign investment to Egypt

Egyptian government, 50 international investment funds with over $4tn in AUM set…

Mohamed Ayyad

Programme to challenge tax evasion on a global level under establishment: deputy minister of finance

The programme includes measures to combat base erosion and profit shifting, based…

Reem Hosam El-din

GE signs agreements to boost Iraqi power infrastructure

The agreements promise to supply the Iraqi national electricity grid with over…

Reem Hosam El-din

NBE, Banque Misr grant EGP 10bn in loans to SMEs in January

Banque Misr is considering pumping new loans worth EGP 1bn into the…

Samira Saeed

Banque Misr – Pharos alliance suggests 3 scenarios for EFIC expansion

Scenarios include selling 100% of SCFP, increasing capital, offering 40% of shares,…

Mohamed Ahmed